Russian Prime Minister calls new U.S. sanctions against Russia 'all-out trade war'

Russian Prime Minister Dmitry Medvedev called President Donald Trump’s signing of sanctions against Russia an “all-out trade war.” 

“First of all, any hope of improving our relations with the new U.S. administration is at an end. Secondly, an all-out trade war has been declared on Russia. Thirdly, the Trump administration has demonstrated complete impotence, in the most humiliating manner, in transferring executive powers to Congress. This changes the alignment of power in U.S. political circles,” Medvedev said.

According to him, the conditions of the sanctions will “last for decades unless some kind of miracle occurs,” and relations between Russia and the U.S. will be “extremely tense,” regardless of the makeup of Congress or who the president might be.

“It will take a long time to clear up the relations between international bodies and courts. There is further intensification of international tension. There is refusal to resolve major international problems. What does this mean for us? We will continue to work quietly to develop the economy and social sphere, we will find substitutes for imports and solve the most important state tasks, counting primarily on ourselves,” the Russian Prime Minister said.

On August 2, the White House reported that President of the United States Donald Trump signed into law the imposition of new sanctions against Russia.

President of Ukraine Petro Poroshenko welcomed the signing by U.S. President Donald Trump of the new package of sanctions against Russia on August 2. He stressed that this “once again confirms the strategic direction of relations between Ukraine and the United States.”

Dissatisfaction was expressed in the European Union regarding the new sanctions package, which could hurt European companies dealing with Russia.

  Sanctions on Russia, USA, Russia, Medvedev