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‘Big blow to Moscow’: Trump on India facing 50% tariff over Russian oil import

Trump on India Tariffs: During the press briefing at the White House, Trump said “I think Russia has to get back into building their country."

President Donald Trump speaks with reporters in the James Brady Press Briefing Room at the White House, in Washington, as Secretary of Defense Pete Hegseth and Attorney General Pam Bondi look on. (AP Photo)

Trump on India Tariffs: US President Donald Trump on Monday said that the imposition of a steep tariff on India over its import of Russian oil has led to a “big blow” to the economy of Moscow, which according to him, isn’t performing well. Trump said the Russian economy is “not doing well” as they are disturbed.

Talking about the upcoming summit with Russian President Vladimir Putin in Alaska, Trump took a potshot at India as he said it doesn’t help Russia when their largest or second largest oil buyer gets penalised with a 50% tariff, without taking India’s name.

During the press briefing at the White House, Trump said “I think Russia has to get back into building their country. It’s a massive country…They have tremendous potential in Russia to do well. They’re not doing well. Their economy is not doing well right now because it’s been very well disturbed by this.”

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Talking about the 50% tariff being imposed on India triggering a blow to Moscow, the US president said, “Doesn’t help when the President of the United States tells their largest or second-largest oil buyer that we’re putting a 50 per cent tariff on you if you buy oil from Russia. That was a big blow.”

Trump, who had earlier called India and Russia a dead economy, said that he hasn’t stopped there and that “no one else would have been so tough.”

–with inputs from Reuters

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