The White House today announced a slate of new sanctions against Russia on the one-year anniversary of the country’s invasion of Ukraine.
The White House also announced it will restrict exports to the country and raise tariffs on Russian products.
The announcement marks the one-year anniversary of Russia’s large-scale and unprovoked invasion of Ukraine, which has since led to hundreds of thousands of deaths between both sides. It also comes just after President Joe Biden finished his trip to Poland to mark the anniversary, making a surprise trip to Kyiv on Monday to visit with Ukrainian President Volodymyr Zelenskyy.
“They’re running budget deficits and running down their buffers of assets that they saved for a rainy day, they’re using up those assets,” Yellen said on MSNBC’s “Morning Joe.”
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