UK Bans the Export of Luxury Goods to Russia Amid Ukraine Invasion

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UK Bans the Export of Luxury Goods to Russia Amid Ukraine Invasion
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The British government also announced a set of tariffs on about $1.2 billion of imports, including Russian vodka.

“Our new tariffs will further isolate the Russian economy from global trade, ensuring it does not benefit from the rules-based international system it does not respect,” Chancellor of the Exchequer Rishi Sunak said in a press release. “These tariffs build on the UK’s existing work to starve Russia’s access to international finance, sanction Putin’s cronies and exert maximum economic pressure on his regime.

These actions are just the latest international response to Russia’s war on Ukraine. Russia invaded on February 24 and has been carrying out unprovoked military attacks in the country for more than two weeks. In response, several nations have issued sanctions against Russia, and companies,

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