The White House is considering a complete ban on Russian aluminium in response to Russia’s military escalation in Ukraine, Bloomberg reports.
Talks are underway to raise tariffs to levels so punitive they would impose an effective ban, or sanctioning of United Co Rusal International PJSC, the company that produces Russia’s metal, Bloomberg said, citing sources familiar with the decision-making.
The report also said the White House had held off sanctioning Russian aluminium at the start of the invasion out of fear it could disrupt global suppliers.
But there were fewer products remaining for the US and Ukraine’s allies to ban now, Bloomberg said.
In response to the report, a White House official said: “We’re always considering all options. There is no movement on this as of now.”