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.
To comment, the following rules must be followed:
Comments may be monitored for inappropriate content, but the station is under no legal obligation to do so.
If you believe a comment violates the above rules, please use the Flagging Tool to alert a Moderator.
Flagging does not guarantee removal.
Multiple violations may result in account suspension.
Decisions to suspend or unsuspend accounts are made by Station Moderators.
Questions may be sent to email@example.com. Please provide detailed information.