US Wages Full-Scale Trade War against Russia, Medvedev Says

TEHRAN(Tasnim) - The United States has declared a full-scale trade war against Russia with the enactment of a new sanctions bill on Wednesday, said Russian Prime Minister Dmitry Medvedev.

US Wages Full-Scale Trade War against Russia, Medvedev Says

"The hope of improving our relations with the new US administration has come to an end," said Medvedev on Facebook, commenting on the signing of the bill by US President Donald Trump.

The bill was approved overwhelmingly early this month by the US Congress despite the Trump administration calling on lawmakers to grant the White House "flexibility" in dealing with Russia.

The Trump administration demonstrated "complete impotence, in the most humiliating manner, transferring executive powers to Congress," said Medvedev, Xinhua news agency reported.

"The US establishment completely outplayed Trump. The president is not happy with the new sanctions, but he cannot refuse to sign the law," said the Russian prime minister.

According to him, the interests of US businesses are almost ignored, and anti-Russian hysteria has become a key part of US foreign and domestic policy.

The sanction regime is codified and will last for decades as the new law allows the Congress to limit the president's power to lift anti-Russian measures, said Medvedev.

"Therefore, the relationship between Russia and the United States will be extremely tense, regardless of the composition of the Congress or the personality of the president," he said.

Against such a backdrop, Russia will continue to work quietly on economic and social development, count primarily on itself and reduce reliance on imports from the West, he said.

Also on Wednesday, the Russian Foreign Ministry regretted the enactment of the bill and blasted the new sanctions as "short-sighted and even dangerous."

Nevertheless, the ministry said in a statement that Russia remains open to cooperation with the United States in various areas, including on the settlement of regional conflicts.

"However, fruitful cooperation is possible only if US politicians overcome their own delusions and cease to perceive the world around them through a reality-distorting prism of 'American exclusiveness,'" said the ministry.

In retaliation for the new US sanctions, Russian President Vladimir Putin on Sunday announced a decision to reduce the US diplomatic staff in Russia by 755 people by Sept. 1.

"Naturally, we reserve the right to take additional countermeasures," said the foreign ministry statement.

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