You're reading: Wall Street Journal: Even with sanctions, US sales to Russia hit new high

Wall Street Journal: Even with sanctions, US sales to Russia hit new high

Published July 4, 2014 at 11:39 am

Protesters hold \"an angry Matryoshka\" with a weapon and placard reading \"Boycott Russia !\" during an action in central Kyiv, on April 9, 2014, calling for the boycott of Russian goods.

Photo by AFP PHOTO/ YURIY KIRNICHNY

The U.S. announced targeted sanctions against several Russian companies and individuals in March, but U.S. trade data published on July 3 shows exports to the country were the highest on record at $1.2 billion in May.

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U.S. efforts to penalize Russia for its actions in Ukraine appear to have done little to stem exports of U.S. goods to the country.