New US sanctions could pitch Russia relations to new low

Arturo Kim
August 11, 2018

The new United States sanctions come amid increasing frustration with Trump's handling of Russian Federation, and how he apparently needed congressional prodding to impose the new penalties.

Fried said that in addition to uncertainty over sanctions, Moscow's strong response this time is likely also being fuelled by larger inconsistencies in USA policy toward Russian Federation.

The pain starts August 22, with a broad ban on U.S. exports of any technology with a potential national-security use. Even as reluctant as this action has been, it's a recognition that Russian Federation has been anything but friendly to the United States and the West and that it's high time the U.S. and the West provide responses not in kind but in overwhelming impact.

Respond in kind, or go asymmetrical?

The Russian economy is still reeling from worldwide sanctions imposed on Moscow in 2014 over its actions in Ukraine and a crash in oil prices the same year. More sweeping sanctions are likely to come in November.

"There are a number of measures that it can implement to hurt the United States rather badly". We are all one administration, and we're all on the same page here ... "This would be with respect to whether or not we approve an export licence of technology that could be used by or provided to Aeroflot".

"I wish the president got more credit for what he has done to punish Russian Federation because he's certainly been virtually brutal to them and anything but a puppet of them", Huckabee said on "Outnumbered" on Thursday.

Vladimir Vasilyev, a researcher with the Institute of the US and Canada, a government-funded Moscow think-tank, said U.S.

The official said a second batch of "more draconian" sanctions would be imposed after 90 days unless Russian Federation gave "reliable assurances" it would no longer use chemical weapons and allow on-site inspections by the United Nations or other worldwide observer groups.

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Yet the experts believe that a more practical response would be asymmetrical.

Medvedev said that Russian Federation has survived economic restrictions many times in its history and has never given in to pressure, reported RT Network. The biggest targets have been Russia, Iran and North Korea.

"We are sorry that often we are not met with cooperation on this account".

David Kotz, professor of economics at the University of Massachusetts, Amherst, suggests looking instead to the east.

He said the countries were now in a state "balancing on the verge of war".

Although in geopolitical terms China and Russian Federation, with their complementary economic strengths, have always seemed like a natural fit; the relationship between Vladimir Putin and Xi Jinping, much warmer than that of their predecessors, could lead to a more full-hearted economic alliance.

The sanctions announced by the Trump administration this past week could start to change that equation.

"Making a linking to these events is for us unacceptable and such restrictions like those passed by the American side earlier. are absolutely illegal and do not correspond to worldwide law", said Peskov.

Russian Federation needs extra budget revenue to meet the economic goals set out by Putin after he began a new six-year term in May.

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