Tariffs On India’s Russian Oil Purchases ‘Big Blow’ To Moscow, Says Trump Before Putin Meet | India News
Ahead of his meeting with Russian President Vladimir Putin in Alaska, US President Donald Trump on Monday (local time) said the US’ 50 percent tariffs on India over its imports of Russian oil are a “big blow” to Moscow’s economy.
While addressing the White House briefing, Trump also said that the Russian economy is not performing well.
“Their economy is not doing well right now because it’s been very well disturbed by this. It doesn’t help when the President of the United States tells their largest or second-largest oil buyer that we’re putting a 50 percent tariff on you if you buy oil from Russia. That was a big blow,” he said.
Trump claimed he was prepared to take further action but received a call from Putin. “I haven’t stopped there. I mean, look, I was all set to do things far bigger than that. But I got a call that they’d like to meet, and I’m going to see what they want to meet about.”
#WATCH | On meeting with Russian President Vladimir Putin, US President Donald Trump says, “I’m going to meet him…Their (Russia) economy is not doing well right now because it’s been very well disturbed by this. It doesn’t help when the President of the United States tells… pic.twitter.com/ika9ZSwT1O
— ANI (@ANI) August 11, 2025
US-Russia Deal
The US President also expressed optimism about the possibility of normal trade between the nations and said he would know within the first two minutes of their meeting if a deal can be struck.
When asked if he sees a time when there could be normal trade between the US and Russia, Trump said, “I do. Russia has a very valuable piece of land. If Vladimir Putin went toward business instead of toward war, you know, it’s a warring nation. That’s what they do. They fight a lot of wars. A friend of mine said Russia is tough because they just keep on fighting.”
“We’re going to have a meeting with Vladimir Putin. And at the end of that meeting, probably in the first two minutes, I’ll know exactly whether or not a deal can be made,” he added.
US on Russia-Ukraine Conflict
Trump described the meeting with Russia as a “big deal,” adding that he said, “I’ll be calling the European leaders. They’re tired of it (the Russia-Ukraine war). They want to get back to spending money on their countries. They want to get back to building their own countries. They want it resolved.”
“There are a lot of European leaders, and they rely on me very much. If it weren’t for me, this thing would never get solved until the last person breathing is dead. It’s going to be a good meeting, and we’ll go a step further. We’ll get it done. I’d like to see a ceasefire very, very quickly. I’d like to see it immediately,” he added.
The US President also expressed his views on the Ukraine conflict, stating, “This war wouldn’t have happened if I were president. This is Joe Biden’s war. This is not my war.” He plans to urge Putin to end the war, saying, “So I’m going in to speak to Vladimir Putin. And I’m going to be telling him, you’ve got to end this war. And he wasn’t going to mess with me.”
“The next meeting will be with Zelensky and Putin, or Zelensky and Putin and me. I’ll be there if they need me, but I want to have a meeting set up between the two leaders,” he added.
Trump said that he’s meeting with Putin to see what the parameters of a peace deal could be before he speaks with Ukrainian President Volodymyr Zelensky and European leaders.
(with ANI inputs)
