July 05, 2021
Biden to Temper U.S. Use of Sanctions Weapons, Officials Say
Source: The Wall Street Journal
Journalist: Ian Talley
The Biden administration is revamping the way the U.S. uses punitive sanctions, aiming to stem sweeping pressure campaigns, avoid collateral economic damage and act jointly with allies rather than unilaterally, according to people involved in the planning process.
The administration has nearly completed an extensive review of U.S. sanctions policy, which is expected out near the end of summer, according to one official. While details are still being ironed out, Biden administration officials have foreshadowed elements of the new strategy in a series of actions, including the planned easing of economywide sanctions against Iran.
Details of President Biden’s approach also were described by current and former administration officials as well as by incoming officials during congressional meetings.
Read the full story and more from The Wall Street Journal.