Trump admin. relaxes USA sanctions on Russian Federation imposed under Obama
- Author: Rita Burton Feb 03, 2017,
Feb 03, 2017, 0:47
That would coincide with earlier reports that U.S. tech companies may end up suffering as a result of the Obama administration's sanctions against Russian Federation, because a number of products, including iPhones, iPads, Android phones, and even wireless mice come with some forms of encryption.
On Thursday, the Treasury Department announced that American companies would be able to conduct limited business with the F.S.B., the Russian intelligence agency and successor to the K.G.B., which the Obama administration accused of directing a series of high-profile attacks against the Democratic Party a year ago, including the cyberattacks against the Democratic National Committee and the Clinton campaign.
President Trump brushed off the reports, saying, "I'm not easing. anything".
The department said in a statement it would allow USA companies to make limited transactions with FSB that are needed to gain approval to import information technology products into Russian Federation.
"Today, the Department of the Treasury's Office of Foreign Assets Control published Cyber-related General License, 'Authorizing Certain Transactions with the Federal Security Service, '" the notice on the website read.
The modified order authorizes transactions of "information technology products" - described by officials as encrypted cyber-related devices - with the Federal Security Service of the Russia Federation, provided the transactions do not exceed Dollars 5,000 in any calendar year. It's a fairly common process for the Treasury Department ... to go back and look whether there needs to be specific carve-outs.More news: GM and Honda team up on hydrogen fuel cell vehicles
A spokesperson for the Treasury did not respond to a request for comment.
"[Russia] attacked our democracy". The sanctions that were adjusted were in retaliation for the hacking and were imposed by the Obama administration previous year.
But US Rep. Eric Swalwell, a Democrat from California, said the change would help Russian Federation.
A Russian agency sanctioned for hacking U.S. political groups won't be quite so restricted now.
"We're not easing sanctions".
"First we need to understand what it is all about", Peskov said, according to TASS.