U.S. Threatens Sweeping Export Controls Against Russia
The U.S. is threatening to use sweeping export controls against key Russian industries if Moscow invades Ukraine, a senior administration official confirmed to The Hill.
The threat, first reported by The Washington Post, broadens out the administration’s options for retaliating against Russian President Vladimir Putin, who has amassed at least 100,000 troops near Ukraine’s border, should an invasion occur.
“No final decisions have been made, but we would start high and stay high and maximize the pain to the Kremlin,” the official said, adding that that the US is in discussion with allies on these actions.