Russian President Vladimir Putin addresses newly-arrived foreign ambassadors as he received their credentials during a ceremony in the Kremlin in Moscow, Russia, Wednesday, April 11, 2018. (Alexei Druzhinin, Sputnik, Kremlin Pool Photo via AP)
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Russia's lower house of parliament is to consider draft legislation that would give the Kremlin powers to ban or restrict a list of U.S. imports, reacting to new U.S. sanctions on a group of Russian tycoons and officials.A Kremlin spokesman, Dmitry Peskov, said it was understandable that Russian lawmakers wanted to retaliate against the U.S. measures.Russia imported $12.5 billion worth of U.S. products in 2017, according to official customs data.The provision of auditing, legal and consulting services by U.S. firms could also be subject to bans or restrictions, and curbs could be imposed on U.S. citizens working in Russia.
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