Overview
- President Donald Trump said Republicans are preparing legislation to impose severe penalties on any country that trades with Russia.
- He said Iran may be added to the countries that would face such measures.
- Trump delivered the remarks to reporters in Florida on Sunday, according to Reuters.
- The plan remains a draft concept and has not been introduced in Congress or enacted into law.
- The push follows recent U.S. sanctions targeting Russian oil firms Lukoil and Rosneft, with measures set to take effect on Nov. 21.