Source: China – South China Morning PostThe United States, fellow members of the Group of 7 economic nations and the European Union announced on Friday that they planned to deny preferential trading status to Moscow in the wake of President Vladimir Putin’s invasion of Ukraine, the latest coordinated effort to bring the Russian economy to its knees.Revoking most favoured nation (MFN) status paves the way for major economic powers to raise import tariffs on Russian goods. The US also announced a ban on Russian seafood, vodka and…Read More