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Russia threatens to retaliate US sanction in new looming trade war

Russia threathens to retaliate newly announced sanctions, which are being imposed as a response to Russia's nerve-agent attack in the UK earlier this year.
Photo: Vasily Maximov/AP/Polfoto
Photo: Vasily Maximov/AP/Polfoto
BY NICK WADHAMS AND STEPHAN KRAVCHENKO, BLOOMBERG

Russia threatened to retaliate for a new round of sanctions announced by the U.S., as the ruble and local shares fell amid the spiraling tensions between the Cold War rivals.

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