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Ending preferential trade with Russia: higher tariffs and allied pressure.

This act changes trade rules with Russia, removing its "most favored nation" status. This means products from Russia may face higher tariffs, potentially affecting prices of some imported goods. The act also encourages other countries to take similar actions and seeks to suspend Russia from the World Trade Organization.
Key points
Products from Russia will no longer receive preferential treatment, potentially leading to higher tariffs on these goods.
The President can raise tariffs on Russian products if deemed necessary for US security.
The US will encourage allies to take similar actions and seek Russia's suspension from the World Trade Organization.
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Additional Information
Print number: 117_S_3722
Sponsor: Sen. Wyden, Ron [D-OR]
Process start date: 2022-03-01
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

A bill to withdraw normal trade relations treatment from, and apply certain provisions of title IV of the Trade Act of 1974 to, products of the Russian Federation, and for other purposes.

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_S_3722.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2022-03-01.

What are the main provisions?

Key points include:

  • Products from Russia will no longer receive preferential treatment, potentially leading to higher tariffs on these goods.
  • The President can raise tariffs on Russian products if deemed necessary for US security.
  • The US will encourage allies to take similar actions and seek Russia's suspension from the World Trade Organization.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Wyden, Ron [D-OR].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-29.

CATEGORIES

Economy Security