President Biden to Ban Russian Vodka, Caviar and Diamonds
President Biden No More Russian Vodka or Caviar!!! ... 'I'm Revoking Russia's Trade Status'
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.
