Reuters: U.S. Targets Russia With Sanctions, Tariffs on War Anniversary
WASHINGTON (Reuters) -The United States marked the first anniversary of Russia's invasion of Ukraine on Friday with new sanctions, export controls and tariffs against Russia and its allies aimed at undermining Moscow's ability to wage war.
Washington also said it would provide another $2 billion in weaponry for Kyiv as it prepares for a spring offensive. The aid did not include F-16 fighter jets that Ukraine has requested.
President Joe Biden consulted leaders of the G7 bloc of wealthy nations and Ukrainian President Volodomyr Zelenskiy to discuss more aid.
The United States joined with G7 allies with plans to impose sanctions that will target 200 individuals and entities and a dozen Russian financial institutions.
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WNU Editor: Countries and middlemen are making a fortune by evading/ignoring Russian sanctions to sell their resources to nations that need it. They are not going to stop, and these sanctions are not going to impact the bottom line of the Russian economy.
The only way these sanctions can work ifs if you blockade Russian ports and seize ships that are carrying Russian resources. But such actions will not only mean a direct war against Russia, but also a breakdown in relations with countries that are dependent on Russian resources (China and India to name a few).
G7 Imposes More Sanctions On Russia
US announces sweeping new Russia sanctions 1 year into war -- AP
New US sanctions for Russia on war anniversary -- BBC
G7 members meet virtually as Biden unveils sweeping new US sanctions on Russia -- USA Today
US Targets Bank With UAE Ties in New Phase of Russia Sanctions -- Bloomberg