The Biden administration has threatened to use export control measures to damage Russia’s key industries if Moscow invades Ukraine.
The administration is eyeing the foreign direct product rule to control exports to Russia of all microelectronics designed with U.S. software or technology or produced using U.S. equipment, The Hill reported, citing a senior White House official.
The rule could target the artificial intelligence, maritime, defense, and civilian aviation sectors from Russia, the official told the news outlet.
The export control against Russian industries is expected to be an attractive measure because the United States is dominant in software, technology and equipment in microelectronics.
The threat comes as the Biden administration is mulling options to retaliate against Russia, which has amassed some 100,000 troops near its border with Ukraine, sparking fears that Moscow may invade Ukraine.
However, the White House official said the administration is in discussion with its allies on the actions.
“No final decisions have been made, but we would start high and stay high and maximize the pain to the Kremlin,” the official said.
The Biden administration has warned against Russia if its troops cross the border to invade the neighboring country.
Besides economic measures, the administration is also mulling sending several thousand troops, warships and air-crafts to Eastern Europe and the Baltic states as Russia is mobilizing its troops near Ukraine.
President Joe Biden has not directly endorsed sending troops there, but he has said that a Russian invasion of Ukraine would mean that the U.S. sends more troops to bolster NATO’s defenses.