Russia news: Putin is planning to slap the US with a raft of sanctions

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The draft law, set to be discussed in the lower house of parliament next week, proposes restricting imports of US-made software and farm goods, US medicines that can be sourced elsewhere, and tobacco and alcohol.

State Duma Speaker Vyacheslav Volodin said Moscow was laying out "tit for tat" retaliatory measures against Donald Trump.

He said: "The bill was drafted as a tit-for-tat measure against the challenges mounted by the United States and its officials in the form of unfriendly and non-constructive actions, as well as the introduction of sanctions against the Russian Federation in general, its citizens and legal entities."

The proposed measures are in retaliation for the White House last week imposing the toughest set of sanctions on Russiasince Moscow's annexation of Ukraine's Crimea region, which dragged relations to their lowest point since the Cold War.