Biden: US to revoke permanent normal trade relations with Russia

• US to revoke permanent normal trade relations (PNTR) with Russia
• US revoking Russia's most favored nations status
• Looking for other nations to join the US in revoking PNTA relations
• US also been imports of diamonds, seafood and vodka
• US and G7 will ensure Russia cannot get multilevel financing from IMF, World Bank
• Totality of our sanctions, export controls are crushing Russian economy
• Russian stock market Stock Market A stock or equity market is defined as the aggregation of buyers and sellers of stocks, which reflect ownership claims on businesses.These may also include securities listed on a public stock exchange, as well as stock that is only traded privately. Common examples of this include shares of private companies that are sold to investors through equity crowdfunding platforms.Unlike the past, the stock market has grown to include a more mature retail market, though nearly all investment is still don A stock or equity market is defined as the aggregation of buyers and sellers of stocks, which reflect ownership claims on businesses.These may also include securities listed on a public stock exchange, as well as stock that is only traded privately. Common examples of this include shares of private companies that are sold to investors through equity crowdfunding platforms.Unlike the past, the stock market has grown to include a more mature retail market, though nearly all investment is still don Read this Term has been closed for two weeks and its currency has lost more than half of its value
• US banning export of luxury goods to Russia
• We will not fight a war vs Russia and Ukraine.
• Putin is the aggressor and must pay the price
• We will not let autocrats dictate the democracy of the world
• Russia would face severe price if it used chemical weapons.

The US stocks rallied a bit from the start to finish of the address:

• Dow was up 115.30 and is up 188.23 points at the end.
• S&P was down -3.45 and is up 5.12 points at the end
• Nasdaq was down -73.92 points and is down -47.74 points at the end

PS The vote on revoking permanent normal trade relations will take place next week.