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Trump administration rolls out new sanctions over Russian occupation of Crimea

The Trump administration on Wednesday announced new sanctions related to Russia’s annexation of Ukraine’s Crimean Peninsula.

The Treasury Department designated eight individuals in Ukraine in response to Russian aggression in the region, seven of whom are acting as government officials in Crimea with Russia's backing and without authorization from Ukraine and who were also designated by the European Union on Tuesday.

The U.S. sanctions also designate a Moscow-based private rail company, Grand Services Express, offering service between Russia and Crimea, as well as the company’s CEO.

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Treasury Secretary Steven MnuchinSteven MnuchinTreasury imposes additional sanctions on Cuba over allegations of 'serious human rights abuse' Treasury Department sanctions inner circle of Russian agent Derkach for election interference Sanders defends push to impeach Trump: Insurrection won't be tolerated MORE said in a statement that the action reiterates “our unwavering support for restoring free and fair democratic political processes in Crimea.”

“The coordinated U.S., EU, and Canadian designations limit the ability of these illegitimate officials to do business internationally and highlights the strength of the transatlantic alliance in standing up to Russia’s continued aggression,” Mnuchin said.

The sanctions will block those targeted from accessing assets controlled by the U.S. and prevent Americans from doing business with the individuals and entities.

The U.S. has taken various steps to thwart Russian aggression in Ukraine since Moscow’s annexation of Crimea in 2014 — an action the West has determined to be illegal.

The new sanctions come as Secretary of State Mike PompeoMike PompeoBiden should expand contact between US and Taiwanese officials On The Money: Retail sales drop in latest sign of weakening economy | Fast-food workers strike for minimum wage | US officials raise concerns over Mexico's handling of energy permits US officials raise concerns over Mexico's handling of energy permits MORE is traveling to Ukraine for a diplomatic visit.

U.S.-Ukraine relations have also been at the center of President TrumpDonald TrumpGiuliani used provisional ballot to vote in 2020 election, same method he disparaged in fighting to overturn results Trump gets lowest job approval rating in final days as president Fox News' DC managing editor Bill Sammon to retire MORE’s impeachment trial. The Democrat-controlled House voted to impeach Trump for abusing his office over his dealings with Ukraine and obstructing the subsequent congressional inquiry. Trump has denied the charges.