US targets Russian aluminum – Bloomberg

Thursday, 13 October 2022newsdesk
US targets Russian aluminum – Bloomberg
As per news report of Rt.com, the Biden administration is considering a complete ban on Russian aluminum in response to Russia’s missile attacks in Ukraine, Bloomberg is reporting on Wednesday, citing its sources.

New Delhi, 13 October2022

According to the report, the White House is eyeing three options, that could include an outright ban, increasing tariffs to levels so punitive they would impose an effective ban, or sanctioning Russian company Rusal, which produces the metal. Sources familiar with the decision-making told the media outlet that the US administration had initially held off sanctioning Russian aluminum, fearing it could disrupt global suppliers. However, there are fewer products left for the US and allies to ban in response to war escalations. The discussion by the White House has been ongoing for weeks, the sources note.

Source - Rt.com

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