Moscow Warns Of “Painful Response” To US Sanctions; EU Ready To Retaliate In “A Matter Of Days”, by Tyler D

A History of Sanctions Which Have Achieved Their Objectives would be a very thin book. Nevertheless, Congress would like to slap still more sanctions on Russia, Iran, and North Korea, and make it virtually impossible for Trump to relax or eliminate those sanctions in the interests of promoting better relations with those nations. From Tyler Durden at zerohedge.com:

Following yesterday’s almost unanimous House vote to pass new sanctions against Russia, on Wednesday Moscow threatened to retaliate, saying that – as expected the action has made it all but impossible to achieve the Trump  administration’s goal of improved relations, and vowed to retaliate to the latest sanctions which Russia views as senseless and destructive according to its deputy foreign minister said.

As described yesterday, the bill passed by a vote of 419-3 on Tuesday , boosted sanctions against Russia just 3 weeks after Trump and Putin held their first official meeting. The legislation, which now goes to the Senate, requires Trump to seek congressional approval before easing sanctions imposed under the Obama administration for “Russian meddling” in the 2016 presidential elections and its support for separatists in Ukraine. So far Trump has not definitively stated if he will support the bill with the White House sending mixed signals whether Trump will sign it.

The bill seeks to impose new economic sanctions against North Korea, Iran, and Russia, and received overwhelming support from US legislators. Moscow is being targeted for alleged interference in the 2016 presidential election, an allegation that Russia denies and which has not been backed by convincing public evidence. Russia’s foreign ministry expects the bill to become law, which would inevitably prompt Moscow to retaliate, Ryabkov warned.

“What is happening defies common sense. The authors and sponsors of this bill are taking a very serious step towards destroying any potential for normalizing relations with Russia,” Sergey Ryabkov told the media on Wednesday, referring to an act adopted earlier by the US House of Representatives.

“We told them dozens of times that such actions would not be left without a response. I believe the signal went through even though present-day Washington tends to listen to and hear from no one but itself,” Ryabkov added.

To continue reading: Moscow Warns Of “Painful Response” To US Sanctions; EU Ready To Retaliate In “A Matter Of Days”

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One response to “Moscow Warns Of “Painful Response” To US Sanctions; EU Ready To Retaliate In “A Matter Of Days”, by Tyler D

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