America itself suffers from Russian sanctions
| After the imposition of a new sanctions package against Russia by the Biden government, economic experts predict that the negative effects of these sanctions will affect the American economy itself. |
reported by Mehr News Agency quoted by Novosti, Washington has rejected the negative impact of the new package of American sanctions against Russia on the American economy due to Russia’s flexibility against sanctions.
Two years after US President Joe Biden announced that the Russian economy would suffer a crushing blow due to US and Western sanctions, it is now expected that the Russian economy will grow faster this year than the United States. The United States, Germany, France and England grow.
With the current conditions, it is unlikely that the new American sanctions that were announced last Friday, considering Russia’s flexibility in trade and global financial affairs, will be able to have a significant impact on the Russian economy.
The US Department of Treasury, Commerce and State announced on Friday extensive sanctions against Russia. US President Joe Biden said that he will impose more than 500 sanctions on Russia and impose export restrictions on about 100 companies accused of supporting Russia. will comment
But after these sanctions, Nicholas Mulder, a sanctions expert at Cornell University, said that the West no longer has decisive economic power and that India and China are enough to keep the Russian economy afloat.
On the other hand, many experts believe that Russian sanctions will not only affect the Russian economy, but will also have negative and destructive effects on the American economy.
