Update: As we previewed below, Secretary of State Mike Pompeo has announced that the US will withdraw from the Intermediate Range Nuclear Forces treaty immediately, prompting threats of a Russian “response” from Moscow. According to RT, Pompeo said the US could return to compliance with the treaty if Moscow meets Washington’s demands within the next 180 days. To convince the US to back down, Washington has insisted that Russia cease development of a new cruise missile. Moscow has repeatedly denied claims that it’s in violation of the treaty.
Source: US Revives Cold War “Arms Race” With Russia And China After Abandoning INF Treaty | Zero Hedge