Tag Archives: Group of Seven (G7)
U.S. Bans Russian Seafood, Alcohol in Downgrade of Russia’s Trade Status
The United States will join the European Union and Group of Seven (G7) countries in downgrading Russia’s “most favored nation” trade status, President Joe Biden announced Friday. As part of a new executive order from Biden, the administration will also ban alcohol, seafood and diamonds from Russia in response to its invasion of Ukraine, which is currently in its third week. The move is part of a series of actions by the U.S. and Western nations to chip away at Russia’s economy through sanctions and bans. >click to read< 11:15