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The House overwhelmingly approved legislation Wednesday night that would ban Russian oil imports to the United States, an effort to put into law the restrictions announced by President Joe Biden in response to the escalating war in Ukraine. Going further than Biden’s import ban on Russian oil, the bill making its way through Congress would also encourage a review of Russia’s status in the World Trade Organization and signal U.S. support for sanctions on Russian officials over human rights violations, as the U.S. works to economically isolate the regime. Lawmakers…

As part of its efforts to address the global supply chain crisis, the Joe Biden administration plans to collaborate with India on building resilient supply chains and promote a transparent rules-based trading system for market economies and democracies, the US Trade Representative has told Congress. In its 2021 Annual Report to Congress, the US Trade Representative (USTR) said the United States and India share a dynamic and important trade and investment relationship. In 2021, the United States and India relaunched the United States India Trade Policy Forum (TPF), which had…

The humanitarian crisis in Ukraine has deepened as Russian forces intensified their shelling and food, water, heat and medicine grew increasingly scarce, in what the country condemned as a medieval-style siege by Moscow to batter it into submission. A third round of talks between the two sides ended Monday with a top Ukrainian official saying there had been minor, unspecified progress toward establishing safe corridors that would allow civilians to escape the fighting. Russia’s chief negotiator said he expects those corridors to start operating Tuesday. But that remained to be…