Biden says the U.S. will not send troops or equipment into Ukraine because of the potential to draw the country into World War III.
RELATED: President Biden delivers remarks on new actions against Russia https://bit.ly/3CIGMXF
President Joe Biden on Friday called for a removal of normal trade relations with Russia, allowing for new tariffs on Russian imports in yet another effort to ratchet up sanctions over Moscow’s intensifying invasion of Ukraine. Biden said the move will be another “crushing blow” to Russia’s economy. “The free world is coming together to confront (Russian President Vladimir) Putin,” he said. “We’re going to continue to squeeze Putin.”
Biden’s proposal, which would require congressional approval, would put Moscow’s trade relationship with the U.S. in the same category as North Korea and Cuba. The country was the United States’ 26th largest goods trading partner as of 2019, according to the U.S. Trade Representative, with nearly $6 billion in exports and about $22 billion in imports.
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