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Russia Trade Status With U.S. Targeted Under Key Democrat’s Bill

March 2, 2022, 4:49 PM

Senate Finance Committee Chair Ron Wyden introduces a bill to revoke Russia’s Permanent Normal Trade Relations status and give the president power to raise tariffs on Russian products.

  • “Putin’s unjustified, unprovoked and appalling invasion of Ukraine shows he doesn’t believe international laws apply to Russia,” Wyden says in statement
  • NOTE: The U.S. has provided permanent normal trade relations to Russia since 2012
  • NOTE: Biden Open to Sanctions on Russian Oil, Gas: Ukraine Update

To contact the reporter on this story:
Megan Howard in Washington at mhoward70@bloomberg.net

To contact the editors responsible for this story:
Kasia Klimasinska at kklimasinska@bloomberg.net

Catherine Dodge, ...