Many target Russian firms that contribute to the Kremlin’s war effort. including drone and industrial chemical manufacturers and machine tool importers.
The United States and the European Union are piling new sanctions on Russia on the eve of the second anniversary of its invasion of Ukraine and in retaliation.
President Joe Biden said the sanctions come in response to Russian President Vladimir Putin's "brutal war of conquest" and to Navalny's death, at a gathering of U.S. governors at the White House. "We in the United States are going to continue to ensure that Putin pays a price for his aggression abroad and repression at home," Biden said.
The United States and the European Union are heaping hundreds of new sanctions on Russia on the eve of the second anniversary of its invasion of Ukraine and in retaliation for the death of Kremlin critic Alexei Navalny. President Joe Biden says the U.S. is going to "continue to ensure that Putin pays a price for his aggression abroad and repression at home.” But while previous sanctions have increased costs for Russia’s ability to fight in Ukraine, they appear to have done little so far to deter Putin and it's unclear that the latest big round will significantly alter that.
The United States and the European Union are heaping hundreds of new sanctions on Russia on the eve of the second anniversary of its invasion of Ukraine and in retaliation for the death of Kremlin critic Alexei Navalny. President Joe Biden says the U.S. is going to "continue to ensure that Putin pays a price for his aggression abroad and repression at home.” But while previous sanctions have increased costs for Russia’s ability to fight in Ukraine, they appear to have done little so far to deter Putin and it's unclear that the latest big round will significantly alter that.