29 Mar 2024
Thursday 3 August 2017 - 16:19
Story Code : 270904

Russian PM Medvedev on new sanctions: 'US Declares Full-Fledged Trade War'



Sputnik News- Russian Prime Minister Dmitry Medvedev said on Wednesday that the United States declared a full-fledged trade war by introducing new anti-Russia sanctions, adding that there is no chance that the relations between the two states will improve.



"The signing bythe US President ofa new sanctions law againstRussia creates several consequences: firstly, the hope ofimproving our relations withthe new US administration is dead. Secondly, US declared a fully-fledged trade war onRussia. Thirdly, the Trump administration demonstrated complete impotence byhumiliatingly transferring executive powers tothe Congress, which changes the balance ofpower inUS political circles," Medvedev wrote inhis Facebook blog.


Medvedev predicted that the sanctions will be inforce fordecades tocome, causing tensions betweenMoscow and Washington.

The prime minister stressed that Trump has been completely overplayed bythe US establishment, predicting that the US president will be ousted.

President Donald Trump has signed a bill toslap new sanctions onRussia, Iran andNorth KoreaonWednesday morning. He signed the bill onWednesday morning, withoutholding an official signing ceremony ashe has done withother major pieces oflegislation, according tomedia reports.

The sanctions target Russia's defense, intelligence, mining, shipping and railway industries and restricts dealings withRussian banks and energy companies.

The law also limits the US president's ability toease any sanctions onRussia byrequiring Congress' approval tolift any restrictions.

For instance, Trump would now need Congress' permission toreverse measures imposed byhis predecessor Barack Obama. He would also need lawmakers' approval toreturn Russian diplomatic properties that were seized underthe previous administration.

https://theiranproject.com/vdcbggb5arhbz9p.4eur.html
Your Name
Your Email Address