Russian President Vladimir Putin has said that Russia will have to "retaliate" against proposed new US sanctions that he has labelled "extremely cynical".
Mr Putin said a response would have to come "at some point," but would depend on the final text of the bill being discussed in the US Senate.
The bill, which passed the House by a wide margin this week, targets Russia for alleged interference in the recent US election. It also proposes sanctions on North Korea and Iran for their ballistic missile programmes.
Mr Putin, speaking in Finland on Thursday, said the sanctions are "absolutely illegal from the point of view on international law".
The Russian leader is not alone in his thinking.
European Union chief executive Jean-Claude Juncker warned against passing the bill on Wednesday, saying: "‘America First’ cannot mean that Europe's interests come last."
“If our concerns are not taken into account sufficiently, we stand ready to act appropriately within a matter of days," he said.
The bill would allow the US to sanction any company involved in Russia's energy export pipelines – a threat to the construction of a major natural gas pipeline between Russia and Germany, which boasts several European investors.
German Chancellor Angela Merkel has also condemned the sanctions via a spokesman, calling it "peculiar" that sanctions aimed at Russia could wind up hurting European companies. Berlin has deemed the penalties “illegal extraterritorial sanctions against European companies".
House and Senate leaders arrived at an agreement on the bill on Thursday, meaning it will likely be taken up by the Senate before their August recess.
US President Donald Trump has not indicated whether or not he will veto the bill, which reduces his power to relieve sanctions on Russia. Anthony Scaramucci, the white house communications director, suggested on CNN that the Presidnet may veto the measure in an attempt to "negotiate an even tougher deal against the Russians" himself.
The Senate, however, has already passed an earlier version of their bill by a 98-2 margin – enough to override a presidential veto.
"Passing the bill on a bipartisan basis will send a strong signal to the White House that the Kremlin needs to be held accountable for meddling in last year's election,” Senator Chuck Schumer said.
Three US intelligence agencies have determined with "high confidence" that Russia endeavoured to influence the 2016 election, through a combination of hacking and media messaging. The House, Senate and Justice Department are also investigating whether the Trump campaign colluded with Moscow to sway the election in their favour.
Mr Trump has rebuffed all allegations of collusion, and Mr Putin has denied any interference in the US election.
On Thursday, Mr Putin said investigations into Russian hacking were only a symptom of growing anti-Russian hysteria in the United States.
Vivo sub-brand iQOO has launched the company’s latest 5G smartphone- iQOO Z1x 5G in China on July 9, 2020.
Honor has just launched the Honor 9A smartphone for the global markets and the price starts from €149.90 (US$ 169.6 / Rs. 12,810). Read on to know more.
Honor has just confirmed the launch date of the company's next new 5G smartphone- Honor X10 Max on Weibo.
Realme is all set to launch its new Realme C11 smartphone with MediaTek Helio G35 SoC in Malaysia.
Realme has launched its new Nazro series smartphone- Realme Nazro 10A alongside the Realme Narzo 10 in India. The Next sale of Realme Nazro 10A will be held on June 23 via Flipkart and the Realme India website.
Vivo has just launched the company's latest smartphone Vivo V19 in India as expected.
Realme has launched the company’s latest Nazro series smartphones- Realme Nazro 10 and Nazro 10A in India.
Here is the first look of LG's new entry-level/midrange smartphone - LG Stylo 6 which was shared by reliable leakster Evan Blass.
Xiaomi India has just unveiled it's latest flagship killer- Xiaomi Mi 10 5G smartphone in India.
After several teasers and rumors, LG has finally unveiled the company's latest 5G smartphone- LG Velvet on May 7 in South Korea. The company has also revealed the pricing and availability details of the phone.