US slashes Russia trade status, bans its alcohol and seafood

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The U. S. is set to dramatically slash its trade status with Russia as further punishment for the Ukraine invasion president Biden says the move to revoke Moscow's most favored nation status will make it harder for Russia to do business with the US the European Union and the G. seven nations are doing the same in unison with other nations that make up half of the global economy will be another crushing blow to the Russian economy charge suffered very badly from our sanctions the president's also banning imports of Russian seafood alcohol indictments and restricting exports of luxury goods to Russia a move the treasury department says before today had only ever been made against North Korea the president says it's aimed at hurting Russian oligarchs who back Vladimir Putin Sager made Ghani Washington

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