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Biden Set To Call For End To Russian MFN Trade Status Shortly

WHITE HOUSE

President Joe Biden is set to deliver comments in the coming minutes calling for the revocation of Russia's most-favoured nation trading status in an effort to further isolate the Russian economy amid Vladimir Putin's invasion of Ukraine.

  • Livestream here: https://www.youtube.com/watch?v=dM0kkjzeNQY
  • Without MFN, the US would be able to apply whatever tariffs it so chooses on the import of Russian goods. Expected that EU and G7 will be included in this action.

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