Tag: RussianExportsBan

U.S. Banning Imports Of Gold From Russia

U.S. Banning Imports Of Gold From Russia

As Putin-led Russia continues to attack Ukraine, the U.S. also continues to do all that they can to support Ukraine and aid them in winning the war, with the ultimate goal of defeating Putin. Just last week, the Biden administration contributed a weaponry package of over $1 billion to Ukraine, but now the strategy has shifted— rather than assisting Ukraine with only additional support, Russia must be weakened in itself. The allied G7 nations, including France, The United States, The United Kingdom, Germany, Japan, Italy and Canada, are all officially banning the import of gold from Russia, shutting down one of their major sources of income.

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