Yellen Warns China That Helping Russia Will Bring Serious Consequences
- US won’t tolerate deals to help Russia evade sanctions: Yellen
- G-7, US to impose fresh sanctions one year after invasion
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US Treasury Secretary Janet Yellen warned China and other nations against providing material support to Russia, saying any such actions would amount to an evasion of sanctions and would “provoke very serious consequences.”
“Not only have we been clear with the Chinese government, we’ve also made it clear to Chinese firms and to Chinese banks that we would not tolerate trade deals that helped Russia to evade sanctions,” she said in an interview Friday on MSNBC Television. “We will crack down and enforce our sanctions and the consequences will be very severe.”