Published by
Reuters
Reuters
By Patricia Zengerle WASHINGTON (Reuters) -The U.S. House of Representatives overwhelmingly backed legislation on Thursday to remove “most favored nation” trade status for Russia and Belarus over the invasion of Ukraine, paving the way for higher tariffs on imports from the countries. The Democratic-controlled House voted 424-8 in favor of removing Permanent Normal Trade Relations (PNTR) status, the latest congressional effort to put economic pressure on Moscow. To become law, the measure must also pass the Senate. Senate Democratic Majority Leader Chuck Schumer said it would move through the …