U.S. measures against Russia, which decreased the ruble rate and shook the metal markets, had the same effect, which the White House intended to achieve.
U.S. Treasury Secretary Steven Mnuchin said during interview with Fox Business that the results of U.S. sanctions against Russian oligarchs met the expectations of Donald Trump’s administration, Bloomberg reports.
Mnuchin emphasized that the sanctions against the businessmen, close to the Russian government, have “necessary effect”.
Meanwhile, he did not excluded additional financial measures, stating that U.S. administration is not afraid and will use these tools.
It should be reminded that on April 6, U.S. imposed new sanctions against seven large Russian businessmen, 14 state companies, 17 officials, serving RF, as well as one RF’s company, dealing with arms trade, and the related bank.
On the day before imposing new U.S. sanctions, the losses of Russian billionaires exceeded 15 billion dollars.
