The Associated Press reports:
The White House says President Joe Biden is ordering new sanctions after Russia moved to recognize separatist eastern Ukraine regions.
The Biden administration calls Monday’s announcement by Russian President Vladimir Putin a “blatant violation of Russia’s international commitments.”
The sanctions will prohibit new investment, trade and financing in the two separatist regions of Ukraine recognized by Putin. The European Union’s top officials have also said the bloc will impose sanctions.
Via White House press release:
President Biden will soon issue an Executive Order that will prohibit new investment, trade, and financing by U.S. persons to, from, or in the so-called DNR and LNR regions of Ukraine.
We will also soon announce additional measures related to today’s blatant violation of Russia’s international commitments.
To be clear: these measures are separate from and would be in addition to the swift and severe economic measures we have been preparing in coordination with Allies and partners should Russia further invade Ukraine.