“These economic measures are designed to put pressure on the Russian Federation to do the right thing and end this conflict.
If this happens, the measures will be calibrated accordingly, ”RIA Novosti quotes him as saying at a briefing.
Price noted that sanctions are not an end in themselves, but a means to an end - ending the conflict.
The State Department spokesman added that the American side wants to see de-escalation.
Earlier, the US Treasury Department added Russian President Vladimir Putin, Russian Foreign Minister Sergei Lavrov and members of the Security Council to the sanctions list.
The press secretary of the Russian leader, Dmitry Peskov, called this decision short-sighted and absurd in terms of solving problems.