capital and white house correspondent kevin court. kevin, hello. good morning, trace. president biden says the u.s. and its allies, as you pointed out, are trying to do something to really hit russia where it hurts in this case revoking their most favored nation trade status and yet another blow to the russian economy. and this is a major item because we re talking about things that you might want to buy from russia like seafood and vodka and diamonds. all those imports would be hit by sanctions. the sanctions, by the way, the latest in a series of economic measures against the kremlin that include an oil ban and a tax penalty initiative announced friday by senate finance committee chair ron wyden of oregon. meanwhile, the white house for its part continues to insist that soaring inflation and fast rising gas prices are not repeat are not the result of biden energy policies. rather, they argue it s the kremlin s fault through the
european that they would find it to be a very important symbolic message to russia to be a member of the e.u. and this is not only a fight that they are waging on behalf of ukraine, but also for the whole of europe, much in line with what he said yesterday about the possibility that missiles might actually start to fall in nato and in european territory. so this is going to be an opportunity for him yet again to send that message. and it comes just days after europe actually slapped new sanctions on russia, targeting its energy sector, targeting banning luxury good exports from the e.u. actually cutting them off from that most favored nation trade status. the e.u. is trying its best here to help ukraine under the circumstances, but they say they are not yet prepared to implement this kind of fast track status for their membership because ukraine is in the middle of a war right now. it would be pretty untenable for them to have this application be considered as they have been struggli
trade relations with russia and belarus after a house passed the bill thursday that would undercut most favored nation trade status for russia give the united states the ability to impose high tariffs on russian goods between now and the beginning of 2024 and mandate u.s. trade representative katherine thai seek a suspension of russia from the world trade organization. senate majority leader chuck schumer voiced support for the measure but timing in the senate is unclear. latest american aid package signed by president biden means the united states will send hundreds of anti-tank and anti-aircraft missiles to ukraine including new state-of-the-art switch-blade drones. for more on the impact these weapons will have, we bring in david, former foreign policy adviser to the obama campaign, nile gardener, former adviser to margaret thatcher and jake, republican candidate for u.s. senate in arkansas and former army ranger. gentlemen, welcome. thank you.
trying to blame putin for domestic political issues. kevin cork has details tonight. good evening. president biden said the u.s. and the allies are revoking. russia s most favored nation trade status in another blow to the russian economy. the sanctions are just the late nest a series of economic measures against the kremlin, including an oil ban tax penalty initiative announced by the senate finance committee chairman ron widen. it means a number of items that you would like to have, like russian diamonds and vodka and seafood. meantime, the white house continues to insist that soaring inflation and fast-rising gas prices are not the result of biden energy policies, rather they re the kremlin s fault. through the facts. democrats dnth cause this problem. vladimir putin did. and we re we are working on to if anythings it. because of the work we did we also know there s no one no
after about 30 days of taking it, we noticed clarity that we didn t notice before. - it s still helping me. i still notice a difference. prevagen. healthier brain. better life. 80% get genetically meaningful health info from their 23andme dna reports. 80%. that s 8 out of 10 people who can get something enlightening. something empowering. something that could change everything. info that could give you greater control of your own health, and it s right there in your dna. so, if 80% get genetically meaningful health info, the question is, will you be part of the 80%? do you know what the future holds? next hour, president biden expected to announce the u.s. and several allies will call for revoking russia s most favored nation trade status . cnn chief business correspondent