The U.S. Treasury Department is set to embark on a tour across Europe to demand more countries to apply punitive actions against Russia. The officials from the department, Liz Rosenberg and Brian Nelson, are expected to travel to Switzerland, Italy, Germany, and Kazakhstan this month. The tour is part of an effort to stop European countries from providing any support to Russia and will see the officials coercing companies and financial institutions to cut ties with Russia, threatening to cut trade if they don't comply.
According to reports, the U.S. government is seeking to disable trade relations between Russia and European countries. The Treasury officials will meet with companies and financial institutions to try to coerce them into cutting ties with Russia, or they will face a blockage of their trading activities with countries representing 50% of the global economy. The tour will also include a stop in Kazakhstan, with the objective of stopping the country's provision of material or intelligence services to Russia.
While U.S. officials and politicians tout the slow growth of Russia as a result of economic sanctions, analysts claim that the measures have been counterproductive for the United States. They argue that the sanctions have pushed other nations to find and promote alternatives to the U.S. dollar in international markets. Despite this, President Joe Biden has extended a series of sanctions affecting Russian companies, politicians, and the military-industrial complex of the country, stating that Russia still poses a significant threat against the U.S.
The effectiveness of sanctions has been the subject of debate, with some countries questioning the role of the European Union in implementing them. French President Emmanuel Macron has clarified his stance on the matter, stating that the EU often gets caught in third-party affairs and is considered by other countries as "America's followers." This perception does not allow the bloc to achieve strategic autonomy.
In conclusion, the U.S. Treasury officials' tour across Europe seeks to stop the material support provided to Russia by companies in European countries. The objective is to disable trade relations between Russia and European countries, and the tour will include meetings with companies and financial institutions to try to coerce them into cutting ties with Russia. However, the effectiveness of sanctions has been debated, with some countries questioning the EU's role in implementing them. Despite this, the U.S. government has extended a series of sanctions affecting Russia, arguing that Russia still poses a significant threat against the U.S.
