The Biden administration is narrowing its economic sanctions targets if Russia attacks Ukraine, focusing on major banks, state companies and key imports
WASHINGTON—The Biden administration is narrowing its targets for a barrage of economic sanctions against Russia—hitting major Russian banks, state companies and needed imports, though the strategy faces obstacles that have hindered previous pressure campaigns.
Administration officials said the planned actions are being finalized and are unparalleled in recent decades against Russia, putting teeth into President Biden’s
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