Biden, G7 revoke Russia's favoured nation trading status over war in Ukraine

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U.S. President Joe Biden said on Friday that G7 industrialized nations will revoke Russia's "most favoured nation" trade status, and announced a U.S. ban on Russian seafood, alcohol, and diamonds, the latest steps to punish Moscow over its invasion of Ukraine.

He also announced restrictions on more Russian Oligarchs during the briefing.

Russia's invasion of Ukraine has now entered its third week, as the world continues to press Russia's economy to take a stance against the war.

For more info, please go to https://globalnews.ca/news/8675173/ukraine-russia-trade-us-eu/

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