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Biden calls for an end to Russia's 'most favored nation' trade status
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U.S. President Joe Biden on Friday called for the revocation of Russia's "most favored nation" status, which would downgrade Russia as a trading partner and open the door to new tariffs on Moscow over its military operation in Ukraine. The European Union and the G7 nations are expected to take the same step.  

The president also announced a ban on imports of Russian vodka, diamonds and seafood into the United States. 

Meanwhile, reports say Russia opened a criminal case against Facebook's parent company Meta on Friday and moved to designate it as an "extremist organization," after the social network said it would allow users to call for violence against Russians.

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