The United States has announced sweeping new sanctions on Russia and its partners on the first anniversary of the invasion of Ukraine.
The Biden administration said on Feb. 24 that it would implement increased tariffs and export controls against critical Russian sectors in order to break the regime’s ability to continue its war of conquest against Ukraine. Notably, the measures include export controls against Chinese-based entities known to have assisted the Russian war machine.
President Joe Biden is signing proclamations today to raise tariffs on Russian products imported to the United States, including on more than 100 Russian metals, minerals, and chemical products worth approximately $2.8 billion to Russia….