US sanctions are 'trade war' on Russia, says Prime Minister Dmitry Medvedev Aswamedham News Team
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Story Dated: Thursday, August 03, 2017 03:54 hrs UTC  
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Russian Prime Minister Dmitry Medvedev has said new sanctions imposed by the US are tantamount to declaring a "full-scale trade war" against Moscow. Medvedev said the measures, signed by Mr. Trump, demonstrated the complete impotence of the US president, whom he said had been humiliated by Congress. Writing on his Facebook page on Wednesday, Mr Medvedev said the sanctions package "ends hopes for improving our relations with the new US administration. "The sanctions regime has been codified and will remain in effect for decades unless a miracle happens." Dmitry Medvedev said Russia would "calmly" continue to develop its economy, despite the sanctions The law aims to punish Russia for its alleged meddling in the 2016 US elections and its actions in Ukraine. The legislation also imposes sanctions on Iran and North Korea. Iran said the new sanctions violated the nuclear deal and it would respond in an "appropriate and proportional" manner.North Korea has so far made no public comments on the US move.

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