US targets Russia with sanctions, tariffs on Ukraine war anniversary

The United States marked the first anniversary of Russia's invasion of Ukraine on Friday by announcing new sanctions against Russia and its allies, new export controls, and tariffs aimed at undermining Moscow's ability to wage war.

Washington also said it would provide $2 billion in more weaponry for Kyiv as it prepares for a spring offensive.

The aid did not include the F-16 fighter jets that Ukraine has requested, Reuters reports.

The United States joined with G7 allies with plans to impose sanctions that will target 200 individuals and entities and a dozen Russian financial institutions.

The sanctions are aimed at targets in Russia and "third-country actors" across Europe, Asia, and the Middle East that are supporting Russia's war effort, the White House said in a fact sheet.

"We will sanction additional actors tied to Russia's defense and technology industry, including those responsible for backfilling Russian stocks of sanctioned items or enabling Russian sanctions evasion," it said.

The US Commerce Department will take several export control actions, listing nearly 90 Russian and third-country companies, including in China, for engaging in sanctions evasion in support of Russia's defense sector.

"These listings will prohibit the targeted companies from purchasing items, such as semiconductors, whether made in the U.S. or with certain U.S. technology or software abroad," the White House said.

Commerce will also act with G7 allies to align measures on industrial machinery, luxury goods, and other items, as well as issue new restrictions to prevent components found in Iranian drones from making their way to the Ukraine battlefield, the White House said.