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Day 422

1/ The House passed legislation to revoke Russia’s “most-favored-nation” trade status, which would allow the U.S. to impose higher tariffs on Russian goods. The legislation would suspend normal trade relations with Russia and Belarus, as well as require the U.S. trade representative to urge Russia to be suspended from the World Trade Organization and to stop Belarus’s membership application process. The bill now heads to the Senate, where the chamber already has a matching bill with bipartisan support. (Wall Street Journal / Bloomberg / CNBC / NPR)

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