If Russia is willing to back off of Ukraine, senior U.S. officials say, the Biden administration is open to talks on curtailing American and NATO military exercises in Eastern Europe and other limits. But Russia could face economic sanctions if it attacks.
The officials said the U.S. is willing to discuss certain, limited aspects of its European security posture in those talks. But they stressed that any agreements would be contingent on Russia removing threats to Ukraine and that no decisions would be made without the consent of Ukraine or NATO.
In the event of a Russian invasion of Ukraine, “we – in coordination with our allies and partners – would immediately impose severe and overwhelming costs on Russia’s economy, including its financial system and sectors deemed critical to the Kremlin,” another official said. Such sanctions could also target critical Russian industry, including its defense and civil aviation sectors, which would hit Russia’s high-tech ambitions, whether in artificial intelligence or quantum computing.
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