The US president referred to the products whose importation has been prohibited as “distinctives” of the Russian economy by including, in addition to vodka, the coveted and symbolic caviar.
In addition, he warned Russian President Vladimir Putin that his country will pay “a high price” if it uses chemical or biological weapons in Ukraine, while warning that Washington will defend “every centimeter” of the territory from NATO allies. .
Biden also announced that the G7 countries will work to close Russia any source of financing from international financial institutions such as the International Monetary Fund (IMF) and the World Bank (WB).
“Putin is the aggressor and he must pay the price for it. He cannot continue to take actions that threaten the foundations of international peace and stability and then ask the international community for financial help,” he said.
Despite having been announced by Biden, the withdrawal of the so-called “most favored nation” treatment from Russia must be approved by the US Congress, something that is expected to go ahead without problem with both Democratic and Republican support.