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Asharq Al-Awsat
Asharq Al-Awsat
Business
Asharq Al-Awsat

THE TRUTH ABOUT: Russian industry targeted not consumers if biden export curbs imposed | History Defined

A flag is seen on the US delegation's car, which is parked in front of the headquarters of the Russian Foreign Ministry in Moscow, Russia January 26, 2022. (Reuters)

The Biden administration plans to spare everyday Russians from the brunt of US export controls if Russia invades Ukraine, and focus on targeting industrial sectors, a White House official said.

"Key people" will also face "massive sanctions" a top Commerce official said in a separate speech on Friday.

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