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Trump approves broad Russia sanctions
U.S. President Donald Trump signed into law a comprehensive package of sanctions against Russian officials and key sectors of the Russian economy, aimed at pressuring Moscow over its intervention in the Ukraine war that began in February 2022. The sanctions include cutting off Russia from financial resources used to fund the war, targeting banks, financial institutions, and sectors such as energy and defense, along with imposing tariffs of up to 100% on major importing countries of Russian oil and gas, with exemptions for countries taking steps to reduce their imports of Russian energy. This comes as part of American efforts to tighten sanctions, reduce Moscow's resources, and with bipartisan support in Congress to push Russia toward ending the war.
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