U.S. to revoke Russia's most-favored nation status amid Ukraine crisis

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U.S. to revoke Russia's most-favored nation status amid Ukraine crisis

STORY: U.S. to revoke Russia's most-favored nation status amid Ukraine crisis DATELINE: March 12, 2022 LENGTH: 00:02:34 LOCATION: Washington D.C. CATEGORY: POLITICS SHOTLIST: 1. SOUNDBITE (English): JOE BIDEN, U.S. President STORYLINE: The U.S. government will revoke Russia's most-favored nation trade status amid the Ukraine crisis, the White House said Friday, noting that it will work with Group of Seven (G7) countries and the European Union to roll out new sanctions. SOUNDBITE (English): JOE BIDEN, U.S. President "Later today together with other NATO allies and the G7, Canada, France, Germany, Italy, Japan, United Kingdom, as well as the European Union, we're going to jointly announce several new steps to squeeze Putin, and hold a more, even more accountable for his aggression against Ukraine." Xinhua News Agency correspondents reporting from Washington D.C. (XHTV)

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