Big govt, Economy & Investments, Politics

Russia Ready For Economic Cold War

Russian Prime Minister Dmitry Medvedev was up front Friday, announcing that the former Soviet Union is ready to wage “economic war” against America should President Trump impose tougher sanctions. “I would like not to comment on the talks about future sanctions, but there is one thing I can say: if measures like a ban on banking activities or the use of this or that currency follows, this can be clearly be described as a declaration of an economic war,” Medvedev said. He then went on to threaten a response by ‘economic, political, or other means’. It’s the first direct threat the U.S. has received from Russia since President Trump’s inauguration. But let’s not hold it against them. They’ve gotten used to working with a push-over in the White House during the previous two terms.

Here’s more from Washington Examiner…

Russian Prime Minister Dmitry Medvedev warned Friday that he is prepared to wage “economic war” with America if the Trump administration tries to impose tougher sanctions against his country.

“I would like not to comment on the talks about future sanctions, but there is one thing I can say: if measures like a ban on banking activities or the use of this or that currency follows, this can be clearly be described as a declaration of an economic war,” Medvedev said, according to the state-run Tass.

“And this war will have to be responded – by economic, political and, if necessary, other means,” he said. “And our American partners should realize this.”

The Trump administration this week imposed new sanctions against Russia in response to a chemical weapons attack on British soil that the West believes was sponsored by Russia.

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