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EU country proposes full ban on Russian goods

The EU should stop buying Russian natural gas and other goods, Romanian Prime Minister Ion-Marcel Ciolacu has said, even though the drastic measure would cost the bloc “a bit of comfort” as a result of higher prices. Speaking to the Austrian daily Der Standard on Thursday, the Romanian leader called …

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US may roll back tariffs on some Chinese goods

US President Joe Biden has instructed his administration to look into lifting some tariffs on imports from China in an effort to curb record-breaking inflation, Commerce Secretary Gina Raimondo said on Sunday in an interview with CNN. “We are looking at it. In fact, the president has asked us on …

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Moscow allows foreign goods under trade embargo

Russia’s Ministry of Industry and Trade on Friday published a list of goods allowed for parallel import into the country. The mechanism, which will circumvent the Western embargo on the export of goods to Russia by importing them from third party countries, will become effective on May 6. The list …

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German consumer goods giant to continue business in Russia

German chemical and consumer goods giant Henkel will continue doing business in Russia, according to the company’s Chairperson Simone Bagel-Trah. “This is sometimes viewed very critically by the public. So, it is important to me to stress we are fully applying all applicable sanctions,” she told shareholders on Monday during …

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