Joe Biden: “So, today, I`m announcing the first tranche of sanctions to impose costs on Russia in response to their actions…”

“So, today, I`m announcing the first tranche of sanctions to impose costs on Russia in response to their actions yesterday. These have been closely coordinated with our allies and partners, and we`ll continue to escalate sanctions if Russia escalates. None of us will be fooled. There is no justification. Further Russian assault into Ukraine remains a severe threat in the days ahead. And if Russia proceeds, it is Russia, and Russia alone, that bears the responsibility.”