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Britain to ban exports of luxury goods to Russia, impose new import tariffs -Breaking

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© Reuters. FILE PHOTO – A view from the bridge of AAL Kobe’s cargo ship, docked at Felixstowe Port in Britain on April 16, 2019, REUTERS/Chris Radburn

LONDON (Reuters – Britain Tuesday announced it would prohibit the export of luxury goods from Russia, and impose new tariffs worth 900million pounds ($1.2 billion), on Russian imports including vodka.

Rishi Sunak, finance minister of Russia, stated in a statement that the new tariffs would further isolate the Russian economic from international trade.

($1 = 0.7677 pounds)

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