U.S. Plans Sanctions, Export Controls Against Russia if It Invades Ukraine – WSJ

The U.S. is prepared to impose export controls on critical sectors of the Russian economy if Russian President Vladimir Putin invades Ukraine, and is working to soften market shocks if Russia withholds energy supplies in retaliation, officials said.

Taking a page out of the Trump administration playbook to pressure Chinese telecom giant Huawei Technologies Co., senior administration officials on Tuesday said the U.S. could ban the export to Russia of various products that use microelectronics based on U.S. equipment, software or technology.

While the officials didn t specify the products, they said that the goal would be to hit critical Russian industrial sectors such as artificial intelligence, quantum computing and aerospace, denying Russian industry high-tech components the country cannot replace domestically or through alternate suppliers.

The export control options we re considering alongside our allies and partners would hit Putin s strategic ambitions to industrialize his economy quite hard, and it would impair areas that are of importance to him, a senior administration official said.

via www.wsj.com