US Treasury Secretary Bessent: Substantial pickup in Russian sanctions expected

Treasury Secretary Bessent is saying:

• Substantial pickup in Russian sanctions expected.
• Those sections will be announced either today or tomorrow

On China:

• Any export control will be in coordination with G7 allies

The risk is that China gets planes from Europe if the US stops the sale of all aircraft (and other goods). That is how I would interpret the coordination comment.

This article was written by Greg Michalowski at investinglive.com.