BIDEN: "This is the beginning of a Russian invasion of Ukraine.”
He says he will impose sanctions that’ll increase if Putin goes further.
He says he will impose sanctions that’ll increase if Putin goes further.
Biden announces "first tranche" of new US sanctions on Russia: full blocking sanctions on VEB and military bank; "comprehensive sanction on Russian sovereign debt"; cut them off from western financing. Starting tomorrow, sanctions on "Russian elites and their family members."
Biden says new sanctions have been coordinated with allies. "We'll continue to escalate sanctions if Russia escalates."
US will defend "every inch of NATO territory."
"Let me be clear. These are totally defensive moves on our part. We have no intention of fighting Russia."
US will defend "every inch of NATO territory."
"Let me be clear. These are totally defensive moves on our part. We have no intention of fighting Russia."
Biden on Russia sanctions: "As we respond, my administration is using every tool at our disposal to protect American businesses and consumers from rising prices at the pump... Defending freedom will have costs for us as well, and here at home. We need to be honest about that."
Biden: "As we do this, I'm going to take robust action to make sure the pain of our sanctions is targeted at the Russian economy, not ours. We're closely monitoring energy supplies for any disruption... I want to limit the pain the American people are feeling at the gas pump."
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