US economy suffers damage from new sanctions against Russia

vn.sputniknews.com August 10, 2018 16:55

Washington's new sanctions against Moscow will hit the US economy, forcing many American companies to leave Russia or stop working with Russia, according to The Hill.

White House.

"If the bill is passed, it will "drive a wedge" between the US and Europe when it is extremely difficult to reach a fragile consensus on sanctions, destabilizing the energy and financial markets, while US companies will be forced to leave Russia and leave this fertile market to US competitors from China and Europe," the newspaper analyzed.

In the opinion of the author of the article, the US economy will suffer more serious damage, especially due to the continued impact of the sanctions that the United States has imposed against Russia in recent years.

In addition, The Hill analyst believes that American companies will be forced to end cooperation with Russian partners, while Russian companies will receive the opportunity to push out competitors.

“Sanctions will give Russian energy companies greater control over projects and more political leverage,” the expert explained.

On August 8, the US State Department announced that Washington would issue the first package of new sanctions against Moscow on August 22 in connection with the "Salisbury incident" in the UK. The Russian Foreign Ministry said that Moscow is considering retaliatory responses.

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US economy suffers damage from new sanctions against Russia
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