President Biden to Ban Russian Vodka, Caviar and Diamonds
President Biden is continuing to tighten the screws on Russia, announcing a ban on Vodka, caviar and diamonds imported from the country.
On Friday, 46 announced that he — along with the nations that make up the EU and G7 — will revoke Russia’s “most favored nation” trade status … allowing the U.S. and other allies to impose higher tariffs on Russian imports.
The downgrade will also put a ban on Russian vodka, certain seafood and Russian diamonds.
We should note, Russian vodka makes up a small percentage of vodkas on the shelves in the U.S. … a few Russian-made brands include Russian Standard, Beluga Noble Russian Vodka and Beluga Noble Russian Gold Vodka.
Back in 2019, Russia was the 26th largest goods trading partner of the U.S. … the majority of those goods being Russian oil and gas — which Biden banned earlier this week.
As far as this new ban goes … of course, congress will have to sign off before it is official … but it’s almost certain to happen.