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.
