America Declares Economic War Against Europe

OffGuardian

Eric Zuesse, originally posted at strategic-culture.org

On Friday night, July 28th, U.S. President Donald Trump said that he would sign into law the increased economic sanctions(passed by 98-2 in the Senate and 419-3 in the House) against any business that is declared to have “knowingly provided goods or services … for construction, modernisation, or repair of Russia’s energy export pipelines.”

Russia is the largest energy-supplier to the world’s largest energy-market, which is Europe, or the EU. The biggest proportion of that trade is in Europe’s main source of energy, which is gas, which is pipelined into Europe from Russia. So: those pipelines are vitally important not only to Russia’s economy but to Europe’s.

President Trump had gotten Congress to agree to limit the application of this provision only to “The President, in coordination with allies of the United States, may impose five or more of the sanctions…

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