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Biden calls allies to cease trade relations with Russia

By Amber Coakley on March 12, 2022
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President Joe Biden announces that along with the European Union and the Group of Seven countries, the U.S. will move to revoke "most favored nation" trade status for Russia over its invasion of Ukraine, Friday, March 11, 2022, in the Roosevelt Room at the White House in Washington. The Biden administration also banned imports of Russian seafood, alcohol and diamonds. And the U.S. is cutting the flow the other way, too: It’s barring the export of expensive watches, cars, clothing and other luxury American products to Russia. (AP Photo/Andrew Harnik)

OAN Newsroom
UPDATED 12:00 PM PT – Saturday, March 12, 2022

The White House announced it’s revoking trade relations with Russia. One America’s Chief White House Correspondent Chanel Rion has more from the White House.

Published in Diana Furchtgott-Roth, Economic Policy, economist, Economy, gas, inflation, Joe Biden, News, OAN, OAN Newsroom, OANN, OIL, politics, Russia, spending, Treasury Department, Trump, Ukraine and War

Amber Coakley
Amber Coakley

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