Russia has banned exports of more than 200 types of foreign-made products until the end of 2022 in a bid to mitigate the impact of western sanctions.
Exports of telecom, agricultural, electrical and technology equipment that were previously imported into Russia from abroad will be affected.
Russia will also ban some timber exports to nations that have committed unfriendly actions.
Around 48 countries will be affected, including the US.
According to an order signed by Russian Prime Minister Mikhail Mishustin, banning exports of foreign made goods was necessary to provide stability on the Russian market.
Other items subject to the ban include cars, railway carriages, containers and turbines.
It follows harsh Western sanctions on Russia's financial system and energy in response to its invasion of Ukraine.
A growing number of Russian oligarchs have also been hit with asset freezes and travel bans.
Ukraine children's hospital hit by air strike
Russia's move also follows global outrage after one of its air strikes hit a maternity and children's hospital in the city of Mariupol, Ukraine on Wednesday.
Ukraine President Volodymyr Zelenskyy said people had been trapped under the wreckage, and called the attack a war crime.
At least 17 people were reportedly injured, including staff and patients.
However, an official said no death had been confirmed, and there was no report of injury among children.
He said the attack happened during an agreed ceasefire with the Russian side.
The United Nations condemned the attack, stating that health facilities should never be targeted.
Chemical attack?
The US White House has said Russia could be planning a chemical or biological weapon attack in Ukraine.
Press secretary Jen Psaki said Russia's claims about US biological weapon laboratories, and chemical weapon development in Ukraine, were preposterous.
She called the claims an obvious ploy to try to justify further premeditated, unprovoked attacks.
It comes after Western officials shared similar concerns about fresh attacks.
Russian officials and media have also claimed in recent days that Ukraine was planning to build a so-called dirty bomb - which disperses radioactive material.
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