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The Biden Administration announced new and significant trade sanctions against Russia. The action was long expected given the Biden Administration’s criticism of Russia, and was a comprehensive response to Russia’s interference in the 2020 US election, its SolarWinds cyberattack and its ongoing occupation of Crimea and threatening addition of troops along the Ukraine border.
Targeting the Harmful Foreign Activities of the Russian Government, authorizing a broad range of sanctions authorities in response to Russian activities designed to undermine free and fair democratic elections; to engage in and facilitate malicious cyber activities against the United States; use transnational corruption to influence foreign governments; pursue extraterritorial activities targeting dissidents or journalists; and violate well-established principles of international law.