Putin
Russia's President Vladimir Putin talks to reporters during a meeting in Brasilia July 16, 2014. Putin warned on Wednesday that U.S. sanctions will take relations with Russia to a "dead end" and damage U.S. business interests in his country. Picture taken July 16, 2014. REUTERS/Alexei Nikolskyi/RIA Novosti/Kremlin

MOSCOW (Reuters) - Russian President Vladimir Putin has ordered his government to prepare retaliatory measures against the latest round of Western sanctions, Russian news agencies reported on Tuesday.

"Of course, it should be done carefully in order to support domestic producers and not hamper consumers," he was quoted as saying.