Economics
U.S. Sanctions Bring Stress to Already-Battered Emerging Markets
- Trump imposed new sanctions on Turkey, Russia and Iran in 2018
- Restrictions imposed on Venezuela have triggered a default
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Under the presidency of Donald Trump, the U.S. is using sanctions against its adversaries -- and even some friends -- like never before. The latest batch against Russia and Turkey sank emerging markets, with stocks poised for their worst month since January 2016.
Here’s a refresher of the most recent restrictions imposed by the U.S., the outlook for further sanctions and how markets have reacted.