Stock Groups

U.S. House to vote as soon as Tuesday on Russia energy import ban: aide -Breaking

by Mike Robinson

[ad_1]

© Reuters. FILE PHOTO : Members of the U.S. House of Representatives are preparing for President Joe Biden’s State of the Union Address at the U.S. Capitol. Washington DC. March 1, 2022. Jim Lo Scalzo/Pool via REUTERS/File Photograph

WASHINGTON (Reuters] – A congressional aide said that the U.S. House of Representatives would vote Tuesday on legislation to prohibit Russian energy product imports and to suspend trade relations with Russia.

According to an aide, Monday’s text will be available. An alliance of important tax- and trade-writing legislators stated in a joint statement they had agreed on a path forward for banning the import of Russia-made energy products.

The President would be able to increase tariffs for goods coming from Russia and Belarus. U.S. Trade Representative Katherine Tai would have to ask to suspend Russia’s participation at the World Trade Organization.

Disclaimer: Fusion MediaThis website does not provide accurate and current data. CFDs include stocks, indexes and futures. Prices are provided not by the exchanges. Market makers provide them. Therefore, prices can be inaccurate and differ from actual market prices. These prices should not be used for trading. Fusion Media is not responsible for trading losses that may be incurred as a consequence of the use of this data.

Fusion MediaFusion Media or any other person involved in the website will not be held responsible for any loss or damage resulting from relying on data including charts, buy/sell signals, and quotes. Trading the financial markets is one of most risky investment options. Please make sure you are fully aware about the costs and risks involved.

[ad_2]