Ukraine war: US spells out sanctions on Russia, heaping more pressure on China to comply

Source: China – South China Morning PostThe United States has warned that exports to Russia – including China’s – in which US content accounts for more than 25 per cent of the overall value, must first be licensed by Washington to avoid running afoul of sanctions, according to a senior US commerce official.Matthew Borman, deputy assistant secretary for export administration with the US Department of Commerce, said during a teleconference on Tuesday that possible sanctions, such as those cutting off US sources, could “have a…Read More

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