He has also accused the U.S. of projecting its laws globally, thus destroying global law as such.
Any action will be decided by Putin - Russia's strongman leader.
The U.S. push to step up sanctions against Russian Federation has drawn an angry response, with Moscow signaling that its patience is being exhausted and its previously restrained behavior is fast reaching an end.
Russian President Vladimir Putin is pushing for greater cooperation, including military ties, between Russia and China saying it "would bring balance to the world". Russian President Vladimir Putin has approved of the statement made by the Russian Foreign Ministry in response to the anti-Russian sanctions imposed by the US.
With accusations of Russian collusion in the 2016 election hamstringing President Donald Trump's administration, internet security rapidly became a hot topic.
Russian President Vladimir Putin has deplored a new round of United States sanctions on his country، saying Moscow will definitively respond to the embargos if they are implemented، according to PressTV.
Putin said on a visit to Finland on Thursday that Russian Federation was "exercising restraint and patience, but at some moment we'll have to retaliate".
Before that, other top Russian officials piled criticism on the United States for the seizure of two Russian compounds on USA soil, a measure taken at the end of the Obama Administration over the intelligence information that Moscow tried to meddle in the 2016 U.S. elections.
Russian Federation has been under a series of U.S. sanctions since a crisis began in Ukraine in 2014.More news: Three Israelis stabbed to death in West Bank settlement: army
The Russian government is ready to expel dozens of USA diplomats and claim American property if President Trump signs a bill imposing new economic sanctions, a Russian newspaper reported Thursday.
"When Putin mentioned "neutral countries in the Baltic sphere" and "Finnish independent foreign policy", he sent the message he does not want to see all of the Baltic basin as members of North Atlantic Treaty Organisation", said Kanerva.
"As for the extraterritorial nature of the USA legislation, I have been talking about this for a long time, starting from 2007". In a statement, the Russian Foreign Ministry said the decision to expand sanctions "yet again attests to the extreme aggressiveness of the United States when it comes to worldwide affairs".
"We've never agreed to this and will never agree".
Secretary of State Rex Tillerson has lobbied against Congress codifying sanctions, saying the administration needed the "flexibility" of strengthening or easing sanctions depending on the status of global deliberations over Ukraine, Syria and other issues.
"And we're going to wait and see what that final legislation looks like, and make a decision at that point". "That will depend on the final version of the draft law which is now being debated in the US Senate".
"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.
Markku Kivinen, director of the Aleksanteri Institute of Helsinki University, said Putin sent a tacit message to Finland to act independently in the European Union (EU).