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4min chapter
How Would Sanctions Work Against Russia Over Ukraine?
Ones and Tooze
Is the US Willing to Impose Sanctions on Russia?
President byden has threatened to cripple russia's economy. The main vector of an attack would be by locking russia's banks out of the electronic clearing system, and you could sanction anyone who did business with the russians. I think this is te terrents talk. Am, america doesn't trade very much with russia. 20 12, America was still importing about 30 billion dollars worth of goods from r Russia per annum. By 20 20, it was down to just six billion a year. That's barely more than American exports to ecuador. And forty percent of europe's imported gas comes from from russia.
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