The Biden administration will announce an additional sweeping sanctions package that includes a ban on all new investment in Russia, Russian banks and state-owned enterprises, additional sanctions on Russian government officials and family members.
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Biden, Putin Hold 2-Hour High-Stakes Call Amid Growing Ukraine Tensions
Biden Expected To Threaten Russia With Sanctions If Putin Invades Ukraine
In a high-stakes call, President Biden warned Russian President Vladimir Putin that the U.S. would impose “strong economic and other measures” in the event of a potential invasion of Ukraine, while the Kremlin demanded guarantees that NATO would not expand further eastward, ending in neither side reporting any substantial progress occuring in Tuesday’s summit.
