US’ Adeyemo: US and allies plan new sanctions this week to continue to isolate Russia over war in Ukraine

US Deputy Treasury Secretary Wally Adeyemo said on Tuesday, “US and allies plan new sanctions this week to continue to isolate Russia over the war in Ukraine.”

Additional quotes

US plans to crack down on Russia's use of dual-use goods, trans-shipment through bordering countries

US. and allies will cut off companies and banks doing business with Russia from western markets and financial systems

Will act against intermediaries helping Russia evade G7 oil price cap.

US concerned about deepening Russia-China ties, but beijing can't supply advanced semiconductors moscow needs

US to tell Chinese firms, financial institutions they face sanctions if they materially support Russia.