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President Trump and Russian President Vladimir Putin at the 2018 G20 leaders' summit. Photo: Alexander Nemenov/AFP/Getty Images

The Trump administration has issued a second round of economic sanctions against Russia in connection with the March 2018 nerve agent poisoning of Russian former double agent Sergei Skripal and his daughter in Salisbury, England.

Why it matters: The administration was under bipartisan criticism from lawmakers in recent weeks. Many claimed the administration had delayed "legally mandated action to follow up on sanctions imposed last August," the NYT reports.

What's happening: Under the sanctions to start in September, the U.S. will restrict the export of Commerce Department-controlled goods and technology to Russia and oppose loans and other financial assistance to Russia from the World Bank and International Monetary Fund, per the AP.

  • "Aviation safety and space exploration technology" are exempted from these sanctions. Trump could have blocked Russia's state airline, Aeroflot, from landing in the U.S. — but the administration was not expected to take this option.
  • The first round of sanctions carried little real significance for Russia, since they largely demanded penalties the U.S. had already exacted for other reasons, per the NYT. Trump implemented the initial sanctions after missing a deadline from the House Foreign Affairs Committee, under pressure from Congress.
  • Trump expelled 60 diplomats and closed a Russian consulate in Seattle last year over the Skripal poisoning, but he reportedly protested to aides when that response far exceeded steps allies took.

Go deeper: Trump's dueling Russia policies

Go deeper

World leaders react to "new dawn in America" under Biden administration

President Biden reacts delivers his inaugural address on the West Front of the U.S. Capitol on Wednesday. Photo: Alex Wong/Getty Images

World leaders have pledged to work with President Biden on issues including the COVID-19 pandemic and climate change, with many praising his move to begin the formal process for the U.S. to rejoin the Paris Climate Agreement.

The big picture: Several leaders noted the swift shift from former President Trump's "America First" policy to Biden's action to re-engage with the world and rebuild alliances.

Updated 5 hours ago - Politics & Policy

In photos: The Biden and Harris inauguration

President Biden and first lady Jill Biden watch a fireworks show on the National Mall from the Truman Balcony at the White House on Wednesday night. Photo: Chip Somodevilla/Getty Images

President Biden signed his first executive orders into law from the Oval Office on Wednesday evening after walking in a brief inaugural parade to the White House with first lady Jill Biden and members of their family. He was inaugurated with Vice President Kamala Harris at the U.S. Capitol on Wednesday morning.

Why it matters: Many of Biden's day one actions immediately reverse key Trump administration policies, including rejoining the Paris Agreement and the World Health Organization, launching a racial equity initiative and reversing the Muslim travel ban.

Republicans pledge to set aside differences and work with Biden

President Biden speaks to Sen. Mitch McConnell after being sworn in at the West Front of the U.S. Capitol on Wednesday. Photo: Erin Schaff-Pool/Getty Images

Several Republicans praised President Biden's calls for unity during his inaugural address on Wednesday and pledged to work together for the benefit of the American people.

Why it matters: The Democrats only have a slim majority in the Senate and Biden will likely need to work with the GOP to pass his legislative agenda.