U.S. to join Group of 7 in ban of new Russian gold imports to hit Putin
U.S. President Joe Biden and fellow Group of Seven leaders will agree to announce a ban on new gold imports from Russia, a person familiar with the plan says, the latest sanctions imposed after the Russian invasion of Ukraine.
The leaders will announce the joint pledge at their summit in Germany, which runs Sunday through Tuesday, the person said, speaking on condition of anonymity ahead of an announcement. The U.S. Treasury Department will issue a ban on Tuesday, prohibiting U.S. imports.
Sign up for the Fortune Features email list so you don’t miss our biggest features, exclusive interviews, and investigations.