Biden to Announce Suspension of 'Normal Trade Relations' with Russia Today

U.S. President Joe Biden will announce on Friday, March 11, a proposal to suspend 'normal trade relations' with Russia due to the situation surrounding Ukraine. This was reported by Reuters, citing its sources.

According to the source, the president also intends to propose increasing tariffs on Russian imports.

On February 24, Russian President Vladimir Putin declared that he had decided to carry out a special military operation in Ukraine in response to requests for assistance from the leaders of the self-proclaimed Luhansk People's Republic and Donetsk People's Republic.