U.S. sanctions Russian companies for dodging previous sanctions


The Trump administration on Tuesday announced new sanctions on one Russian company, one Slovakian company, and two Russian individuals for efforts to circumvent previous U.S. sanctions, Reuters reports.
The Treasury Department imposed the sanctions after discovering that the entities were helping a Russian company called Divetechnoservices, which was sanctioned in June for providing the Russian government with underwater equipment that aided the Kremlin's federal security and intelligence agency. The individuals sanctioned also helped Divetechnoservices evade its previous sanctions, the department said.
Treasury Secretary Steven Mnuchin said the new sanctions were "disrupting Russian efforts to circumvent our sanctions," calling the effort "critical" to blocking the companies and Russian nationals from any transactions with American companies or individuals.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
In a separate announcement, the U.S. also imposed sanctions on two Russian shipping companies, accusing them of helping North Korea, which is a violation of U.N. Security Council resolutions. Read more at Reuters.
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Summer Meza has worked at The Week since 2018, serving as a staff writer, a news writer and currently the deputy editor. As a proud news generalist, she edits everything from political punditry and science news to personal finance advice and film reviews. Summer has previously written for Newsweek and the Seattle Post-Intelligencer, covering national politics, transportation and the cannabis industry.
-
Scientists are the latest 'refugees'
In the spotlight Brain drain to brain gain
-
5 dreamy books to dive into this July
The Week Recommends A 'politically charged' collection of essays, historical fiction goes sci-fi and more
-
6 sleek homes for modernists
Feature Featuring a concrete-and-steel home in South Carolina and a renovated 19th-century former carriage house in Pennsylvania
-
Dollar faces historic slump as stocks hit new high
Speed Read While stocks have recovered post-Trump tariffs, the dollar has weakened more than 10% this year
-
Economists fear US inflation data less reliable
speed read The Labor Department is collecting less data for its consumer price index due to staffing shortages
-
Crypto firm Coinbase hacked, faces SEC scrutiny
Speed Read The Securities and Exchange Commission has also been investigating whether Coinbase misstated its user numbers in past disclosures
-
Starbucks baristas strike over dress code
speed read The new uniform 'puts the burden on baristas' to buy new clothes, said a Starbucks Workers United union delegate
-
Warren Buffet announces surprise retirement
speed read At the annual meeting of Berkshire Hathaway, the billionaire investor named Vice Chairman Greg Abel his replacement
-
Trump calls Amazon's Bezos over tariff display
Speed Read The president was not happy with reports that Amazon would list the added cost from tariffs alongside product prices
-
Markets notch worst quarter in years as new tariffs loom
Speed Read The S&P 500 is on track for its worst month since 2022 as investors brace for Trump's tariffs
-
Tesla Cybertrucks recalled over dislodging panels
Speed Read Almost every Cybertruck in the US has been recalled over a stainless steel panel that could fall off