1、CRS INSIGHT Prepared for Members and Committees of Congress INSIGHTINSIGHTi i Invasion of Ukraine: Russias Trade Status, Tariffs, and WTO Issues March 10, 2022 Following Russias invasion of Ukraine, the United States and its allies imposed financial sanctions and taken trade actions. Some Members of
2、 Congress have introduced legislation (e.g., H.R. 6835, H.R. 6905, H.R. 7014, S. 3725, S. 3717, S. 3786) to revoke Russias permanent normal trade relations (PNTR) status, which provides unconditional nondiscriminatory, most-favored nation (MFN) treatment to goods and services traded with Russia. The
3、 proposals would suspend PNTR with Russia (and Belarus); seek to suspend Russias membership in the World Trade Organization (WTO); and provide authority to restore PNTR under certain conditions. Removing Russias PNTR status would increase applicable import duties on U.S. imports from Russia, potenti
4、ally impacting certain sectors reliant on Russian inputs and raising issues under U.S. WTO obligations. Background During 1992-2012, Russias normal trade relations (NTR) status was annually renewed under Title IV of the Trade Act of 1974. The Act requires the President to deny NTR status to any coun