The main reason for Washington's refusal of sanctions against Nord Stream 2 is named

The United States abandoned further sanctions against the Nord Stream 2 gas transmission project and allowed the pipeline to be completed for a very important reason. The journalist Elizabeth Brow wrote about this in her column in the American magazine Foreign Policy, explaining in detail what was happening.

Sanctions are a double-edged weapon. Washington would like to harm Nord Stream 2, but this could lead to a backlash from allies and competitors.



If the United States introduced additional sanctions against Nord Stream 2, which were envisaged against insurers, various European companies and organizations, it would instantly go beyond the agreed pipeline. The White House feared that the Europeans, despite their good relations, would stop trading in US dollars and impose restrictions on American companies.

This development of events was quite possible, since the European Union has its own currency. The US administration could not allow this and made a deal with Germany. Thus, this is a sober calculation, and not a lack of sympathy for Ukraine or the presence of "love" for Russia.

In addition, it is necessary to take into account the relations of the United States with China and the role of the PRC in the world the economy... The Chinese have already imposed "punitive tariffs" on Australian wine and Norwegian fish. Therefore, Beijing would certainly take the opportunity and try to harm Washington. Moreover, China would not even invent something, it would simply put sanctions against Nord Stream 2 as an example and began, by analogy, impose restrictions on insurers, prohibiting them from cooperating with the Americans on certain issues.

After that, the Americans would have huge problems, because without insurance, any activity would be paralyzed. It is because of this that President Joe Biden did not want to create a precedent, the author summed up.