The House has passed a bill to suspend normal trade relations with Russia, the latest effort by US lawmakers to inflict economic pain on the Kremlin for its invasion of Ukraine. It now heads to the Senate.
The final vote was 424-8 with strong bipartisan support for the legislation, which will next head to the Senate.The bill suspends normal trade relations with Belarus in addition to Russia. It was introduced by House Ways and Means Chairman Richard Neal, a Massachusetts Democrat, along with the panel's ranking GOP member, Rep. Kevin Brady of Texas.
The status means two nations have agreed to trade under the best possible terms, which can include lower tariffs and fewer barriers to trade, Biden said. Such a move requires approval from Congress.Neal and Brady said in a joint statement on Thursday,"We must do all we can to hold Putin accountable for senselessly attacking the Ukrainian people and undermining global stability.
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