Biden prepares for a tariff war with Russia

12:40 - 11.03.2022


March 11, Fineko/abc.az. U.S. President Joe Biden will announce on Friday that the U.S., together with the G7 and the European Union, will call for the termination of normal trade relations with Russia.

ABC.AZ reports that according to the source, Biden will announce on 11 March that the U.S., together with the G7 and the EU, will call for the abolition of the status of the "Most Favored Nation" for Russia.

Each country is expected to implement this measure based on its own national processes.

According to the regulations, only Congress can make such a decision. But Biden has support in Congress in this direction.

Many representatives of both parties have previously expressed their support for Biden on this issue.

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