Biden to call for end of normal trade ties with Russia, higher tariffs on Russian imports -sources
US, allies to revoke 'most favored nation' status for Russia
President Joe Biden will announce Friday 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
U.S., G7 allies may strip Russia of 'most favored nation' status
The United States, together with the Group of Seven nations and the European Union, will move on Friday to revoke Russia's "most favored nation" status over its invasion of Ukraine, multiple people familiar with the situation told Reuters.
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