Biden unveils new Ukraine weapons package, Russia sanctions

WASHINGTON — The Biden administration declared its Ukraine solidarity with fresh action as well as strong words on Friday, piling sweeping new sanctions on Moscow and approving a new $2 billion weapons package to re-arm Kyiv a year after Russia’s invasion. “Difficult times may lie ahead, but let us remain clear-eyed about what is at stake in Ukraine,” U.S. Defense Secretary Lloyd Austin said, “to ensure that a world of rules and rights is not replaced by one of tyranny and turmoil.” Biden said in an ABC News interview on Friday that he’s not ready to send F-16 fighter jets to Ukraine. “I am ruling it out for now.” Meanwhile, the White House said that new sanctions hitting over 200 people and entities will “further degrade Russia’s economy and diminish its ability to wage war against Ukraine.” The Biden administration will also further restrict exports to Russia and raise tariffs on some Russian products imported to the U.S. “Now, not only does Ukraine stand, but the global coalition in support of Ukraine is stronger than ever, with the G7 as its anchor,” Biden said on Twitter following Friday’s virtual meeting with Zelenskyy. White House National Security Council spokesman John Kirby acknowledged that Russia’s economy was “showing some resilience” but he also said it’s not clear that it “can be sustained for the long haul.” Of Putin, he said, “He has had to take some drastic measures to prop up his economy, to prop up his currency, including playing pretty aggressively with interest rates for instance.” The new sanctions introduced by U.S. Treasury on Friday hit Russian firms, banks, manufacturers and individuals, taking aim at entities that helped Russia evade earlier rounds. Russia’s metals and mining sector are among those targeted in what Treasury called one of the “most significant sanctions actions to date.” Treasury Secretary Janet Yellen, attending meetings in India on Friday with fellow financial chiefs of the Group of 20 leading economies, called out Russian officials in attendance and insisted the world’s biggest economies must do more to support Ukraine.