What sanctions were under US consideration if Russia invaded?

February 24, 2022 17:49

The Biden administration had made clear it was holding tough financial penalties in reserve in case of a Russian invasion. The US hasn't specified just what measures it will take now, although administration officials have made clear that all-out sanctions against Russia's major banks are among the likely options. So are export limits that would deny Russia US high tech for its industries and military. Another tough measure under consideration would effectively shut Russia out of much of the global financial system.

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