Congress votes overwhelmingly to suspend normal trade relations with Russia, Belarus

Congress votes overwhelmingly to suspend normal trade relations with Russia, Belarus

Check out what’s clicking on Foxbusiness.com. Congress sent legislation to President Biden’s desk to suspend normal trade relations with Russia and Belarus on Thursday. The Senate voted unanimously, 100–0, and the House followed with a 420–3 vote. Three Republicans, Reps. Marjorie Taylor Greene, Matt Gaetz and Thomas Massie, voted no.A rare issue of agreement between the two parties, the bill was initially approved by the House last month, with a vote of 424–8. If Biden signs it into law, it would enable him to impose greater damage to the Russian economy through higher tariffs on Russian goods like steel and aluminum.HOUSE VOTES OVERWHELMINGLY TO SUSPEND NORMAL TRADE RELATIONS WITH RUSSIA, BELARUS The bill allows for the restoration of normal trade relations with either country if President Biden certifies to Congress that he has determined that they agreed to withdraw from Ukraine and that there is a cease-fire that Ukraine has accepted. Biden must also certify that the country – Russia and/or Belarus – “poses not immediate military threat of aggression” to any NATO members and that they are recognizing the Ukrainian peopl …

The post Congress votes overwhelmingly to suspend normal trade relations with Russia, Belarus appeared first on Populist Press ©2022.

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