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A proposed U.S. sanctions bill against Russia would effectively start a trade war with nearly the entire world
(www.washingtonpost.com)
Great. Terrific. Full speed ahead. Of course, the United States already has a lot of Russian sanctions — the U.S. and its allies have frozen about $280 billion in Russian assets held overseas, around $5 billion in U.S. banks; barred several Russian banks from the Society for Worldwide Interbank Financial Telecommunication, which helps to process international financial payments; tried to seize the U.S. assets of sanctioned Russian individuals; prohibited the import of Russian crude oil, liquefied natural gas and coal; and limited U.S. investments in many Russian energy companies.
I find this fascinating mostly because any other country in the world would just accept that they simply could not impose their will on the country in question, but in typical American fashion, the US will shit itself in outrage at the suggestion of the fact.