Accessibility/Mobile Features
Skip Navigation
Skip to Content
Editorial News
Classified Sites

The Canadian Press - ONLINE EDITION

Obama announces removal of Russian trade benefits in midst of fight over Ukraine involvement

WASHINGTON - The United States is removing special trade benefits for Russia in the midst of a fight over its involvement in Ukraine.

President Barack Obama notified Congress on Tuesday that he's removing Russia from the Generalized System of Preferences program because the country is now too economically developed to need the benefits. The White House also said Russia's involvement in Ukraine made it "particularly appropriate to take this step now."

The White House says the action means imports of Russian goods will be subject to normal tax rates.

The announcement comes on the day that Russian President Vladimir Putin (POO'-tihn) said his country has pulled troops back from the border it shares with Ukraine. But the White House says there is "no evidence" that Russia has done so.

  • Rate this Rate This Star Icon
  • This article has not yet been rated.
  • We want you to tell us what you think of our articles. If the story moves you, compels you to act or tells you something you didn’t know, mark it high. If you thought it was well written, do the same. If it doesn’t meet your standards, mark it accordingly.

    You can also register and/or login to the site and join the conversation by leaving a comment.

    Rate it yourself by rolling over the stars and clicking when you reach your desired rating. We want you to tell us what you think of our articles. If the story moves you, compels you to act or tells you something you didn’t know, mark it high.

Sort by: Newest to Oldest | Oldest to Newest | Most Popular 0 Commentscomment icon

You can comment on most stories on brandonsun.com. You can also agree or disagree with other comments. All you need to do is register and/or login and you can join the conversation and give your feedback.

There are no comments at the moment. Be the first to post a comment below.

Post Your Commentcomment icon

Comment
  • You have characters left

The Brandon Sun does not necessarily endorse any of the views posted. Comments are moderated before publication. By submitting your comment, you agree to our Terms and Conditions. New to commenting? Check out our Frequently Asked Questions.

letters

Make text: Larger | Smaller

Brandon Sun Business Directory
Sudden Surge: Flood of 2014
Opportunity Magazine — The Bakken
Why Not Minot?
Welcome to Winnipeg

Social Media