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Congress voted to strip Moscow of its preferential trade status with the United States and to ban the import of Russian energy into the U.S.

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The New York Times

BREAKING NEWS

Congress voted to strip Moscow of its preferential trade status with the United States and to ban the import of Russian energy into the U.S.
Thursday, April 7, 2022 1:50 PM EST

The legislation will allow the United States to impose higher tariffs on Russian goods and cut off a significant revenue stream for President Vladimir Putin, though experts have said that the oil and gas ban would be largely symbolic.


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