By removing this status from Russia, G7 countries will be able to target its exports with punitive tariffs, or taxes. In fact one of them, Canada, has already done so. Last week it imposed tariffs of 35% on all products coming from Russia and its compliant ally, Belarus.
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Soaring petrol prices send US inflation to 40-year high
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AI boss Sam Altman ousted after board loses confidence
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Cameron government knew Post Office ditched Horizon IT investigation
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New home and car insurance rules mean change in prices
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