US imposes sanctions on state-owned Russian defence enterprises
Speaking on the sidelines of a G7 summit in southern Germany, the official said Washington will implement a higher tariff rate on more than 570 groups of Russian products worth approximately $2.3 billion.
- World
- Reuters
- Published Date: 11:05 | 27 June 2022
- Modified Date: 11:35 | 27 June 2022
The United States is imposing sanctions on state-owned Russian defence enterprises in order to "limit Russia's ability to replace the military equipment it has already lost during the brutal war against Ukraine," a senior White House official says.
Speaking on the sidelines of a G7 summit in southern Germany, the official said Washington will implement a higher tariff rate on more than 570 groups of Russian products worth approximately $2.3 billion.
US President Joe Biden and his fellow G7 leaders would seek authority to put any revenues derived from tariffs on Russian goods towards the Ukrainian war effort, he said.
Speaking on the sidelines of a G7 summit in southern Germany, the official said Washington will implement a higher tariff rate on more than 570 groups of Russian products worth approximately $2.3 billion.
US President Joe Biden and his fellow G7 leaders would seek authority to put any revenues derived from tariffs on Russian goods towards the Ukrainian war effort, he said.
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