The administration of U.S. President Joe Biden plans to spare everyday Russians from the brunt of U.S. export controls if Moscow invades Ukraine, and focus on targeting industrial sectors, a White House official said.
"Key people" will also face "massive sanctions" a top Commerce official said in a separate speech Friday.
The comments narrow the scope of potential curbs on imports to Russia that had previously been described as disrupting Russia's economy more broadly, hitting industrial sectors and consumer technologies like smartphones.