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US Senate strikes agreement to downgrade Russia's trade status, Finance Committee chair announces

( April 7, 2022, 15:03 GMT | Official Statement) -- MLex Summary: The US Senate has reached an agreement with Republican senators on legislation that would end normal trade relations with Russia and ban imports of Russian oil, gas and coal in a move that's consistent with President Joe Biden’s executive order on Russian energy products, Senate Finance Committee Chair Ron Wyden announced. The legislation includes a handful of technical changes to the legislative text that the House had passed.See statement below:...

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