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Why the US is weighing tougher sanctions against Russia over Ukraine

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Since 2014, the US has imposed travel bans, asset freezes and economic restrictions on hundreds of Russian individuals and companies, part of a multinational effort to punish President Vladimir Putin’s government for alleged troublemaking beyond its borders and online. With Russia again massing troops an

d military equipment near the border with Ukraine, the US and its allies are weighing further sanctions in case the conflict escalates.More people and companies in Russia have been hit by US sanctions in the last decade than any country other than Iran. Some, including business magnates and close political allies of Putin, are banned from doing business with US companies and individuals and making any transactions in dollars.

Other US sanctions were aimed at punishing Putin’s government for a 2018 nerve-agent attack on former double agent Sergei Skripal and his daughter in the UK. There are sanctions linked to deals with Syria and North Korea, and sanctions against companies involved in building Nord Stream 2. Biden, upon taking office in 2021, carried out a promise to impose new sanctions but said he chose to make them “proportionate” in hopes of limiting the further worsening of the relationship.

 

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