Russian President Vladimir Putin on Thursday criticised the United States for pressuring India and China to sever energy ties with Moscow, warning that such tactics could have unintended economic consequences.
Speaking at a forum of Russian experts, Putin stated that imposing higher tariffs on Moscow’s trade partners would only push up global prices and force the US Federal Reserve to maintain high interest rates. He also pointed to the recent move by the US to impose an additional 25% tariff on Indian goods, raising the total tax on Indian exports to 50% as of August.
Commenting on calls from Washington for India to stop purchasing Russian energy, Putin remarked, “If India refuses our energy supplies, it will suffer a certain loss... of course, the people of a country like India, believ