US President Joe Biden said that "sanctions never deter" during a news conferences at the NATO headquarters in Brussels, Belgium following high stakes emergency meetings with world leaders.
"Sir, deterrence didn't work. What makes you think Vladimir Putin will alter course based on the action you've taken today?" the US President was asked by a reporter.
"I did not say that," Biden said. "Sanctions never deter. You keep talking about that. Sanctions never deter."
The President continued: "The maintenance of sanctions — the maintenance of sanctions, the increasing the pain and the demonstration of why I asked for this NATO meeting today is to be sure that after a month, we will sustain what we're doing, not just next month, the following month, but for the remainder of this entire year. That's what will stop him."