Sanctions Come With Negative Consequences


July 23, 2014 – We have hundreds of billions of dollars of investments in Russia. We are kidding ourselves if we think Russia won’t retaliate for the increased sanctions our government is placing on that country. Sanctions come back to haunt us and hurt American business. Even the U.S. Chamber of Commerce and the National Association of Manufacturers agree, proven by the full-page ads the two organizations took out in the New York Times condemning sanctions. Sanctions are, after all, in addition to all their economic damage on both sides, an act of war.