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 by�the US President of�a new sanctions law against�Russia creates several consequences: firstly, the hope of�improving our relations with�the new US administration is dead. Secondly, US declared a fully-fledged trade war on�Russia. Thirdly, the Trump administration demonstrated complete impotence by�humiliatingly transferring executive powers to�the Congress, which changes the balance of�power in�US political circles," Medvedev wrote in�his Facebook blog.
Medvedev predicted that the sanctions will be in�force for�decades to�come, causing tensions between�Moscow and Washington.
The prime minister stressed that Trump has been completely overplayed by�the US establishment, predicting that the US president will be ousted.
President Donald Trump has signed a bill to�slap new sanctions on�Russia, Iran and�North Korea�on�Wednesday morning. He signed the bill on�Wednesday morning, without�holding an official signing ceremony as�he has done with�other major pieces of�legislation, according to�media reports.
The sanctions target Russia's defense, intelligence, mining, shipping and railway industries and restricts dealings with�Russian banks and energy companies.
The law also limits the US president's ability to�ease any sanctions on�Russia by�requiring Congress' approval to�lift any restrictions.
For instance, Trump would now need Congress' permission to�reverse measures imposed by�his predecessor Barack Obama. He would also need lawmakers' approval to�return Russian diplomatic properties that were seized under�the previous administration.