US sanctions on Russian pipeline is a declaration of ‘economic war’ that will backfire on American business interests

Axel Schmidt 3

It may be “quite favorable for Russia” to finish the Nord Stream 2 construction by itself, says German business newsletter publisher Dr Eike Hamer, as European companies participating in the project are targeted by US sanctions.

Hamer told RT that the costs of completing the pipeline will definitely be much higher after the Swiss-Dutch company Allseas announced it is quitting the project.

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