Trump’s effort to peel Russia away from China meets resistance as Putin escalates war
March 11, 2025 No Comments
Trump’s overtures to Moscow were met by increasing attacks in Ukraine, leading to sanctions threats from the president.
Trump’s overtures to Moscow were met by increasing attacks in Ukraine, leading to sanctions threats from the president.
Mr. Biden can either enforce his red line through sanctions or other means, or he can signal a collapse of American resolve by applying merely symbolic penalties.
The U.S. is drafting sanctions that threaten to cut some Chinese banks off from the global financial system, arming Washington’s top envoy with diplomatic leverage that officials hope will stop Beijing’s commercial support of Russia’s military production, according to people familiar with the matter.
“As you are aware, the Biden administration recently announced the largest SPR [Strategic Petroleum Reserve] drawdown in history, with plans to release up to 260 million barrels of crude oil from the SPR from October 2021 through October 2022,” the lawmakers wrote.
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