EXPLAINER: A look at toughest US sanctions facing Russia
Washington (AP) With the White House calling Russian deployments in eastern Ukraine an invasion, its expected to follow up with tough sanctions. President Joe Biden has made clear the United States intends to deploy sweeping financial penalties, not American troops, to hit Russia over President Vladimir Putin's moves against Ukraine.
The Biden administration says its toughest sanctions package, already worked out in consultation with European allies, would be enough to hit Putin and Russia's elites, cripple Russia's ability to do business internationally, and likely bring on a recession there.
Here's a look at some of the tougher possible penalties that U.S. leaders have been holding in abeyance while watching for new Russian steps against Ukraine, including any possible Russian moves against additional Ukraine territory. The U.S. has yet to fully disclose which of the options it will use.
NORD STREAM 2:
Germany announced Tuesday that it would suspend its certification of the newly built but never operated Russia-to-Germany Nord Stream 2 pipeline. A multibillion-dollar project of Russia's Gazprom energy company and European companies, the pipeline would carry Russias natural gas to the lucrative markets of Europe. It's been a top target of the Biden administration and Republican and Democratic lawmakers alike, who say the project was a strategic mistake from the start, increasing Putins political power over Europe by prolonging Europes dependence on Russias natural gas.
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