In addition to the severe sanctions that Joe Biden has promised, the White House says it’s ready to deploy another economic weapon if Vladimir Putin goes ahead with his planned invasion of Ukraine.
That weapon, the Export Administration Regulations (EAR), allows the Biden administration to ban foreign and domestic companies from exporting products like high-tech semiconductors to Russia.
Many questions remain about how effective the rule would be at penalizing Russia. However, the U.S. has…
Source link
