Uncategorized

US, EU, G7 to strip Russia of favored trade status.

0 min read

U.S. President Joe Biden has stated that the U.S., the EU and G7 will strip Russia of its permanent normal trade status, allowing the countries to raise tariffs on Russian goods. Biden also said that the U.S.and G7 would seek to deny Russia the ability to borrow funds from “leading multilateral institutions” such as the International Monetary Fund and World Bank.

Avatar
The Kyiv Independent news desk

We are the news team of the Kyiv Independent. We are here to make sure our readers get quick, essential updates about the events in Ukraine. Feel free to contact us via email with feedback and news alerts.

Read more
News Feed
Video

The Kyiv Independent staff documented what it feels like to live and sleep in Kyiv, Ukraine, as Russia intensifies its drone and missile attacks on the city. Filmed over several weeks in June and July, our journalists take shelter in bathrooms, basements, and parking garages as explosions ring out overhead.

Show More