US President Donald Trump has said that Washington’s steep tariffs on India over its purchases of Russian oil have dealt a major setback to Moscow’s already struggling economy. Speaking at the White House, Trump argued that Russia is under severe economic strain from global pressures, with US trade measures adding to the damage.

Under the latest policy, the US has imposed a 25% reciprocal tariff on Indian goods, along with an additional 25% levy on India’s imports of Russian oil, bringing the total duty to 50%. “When you tell one of Russia’s biggest oil buyers that we’re putting a 50% tariff on them if they buy oil from Russia, that’s a big blow,” Trump said, referring to India.

He claimed that the tariffs have provided the US with both revenue and leverage, even helping to resolve international disputes. Trump cited examples such as tensions between India and Pakistan, and the decades-long conflict between Azerbaijan and Armenia, which he said had been settled under his watch.

Looking ahead, Trump said normal trade relations with Russia could be possible if Moscow shifts its focus from war to economic development. “Russia is a massive country with tremendous potential. If President Putin went toward business instead of war, they could do very well,” he said.

On the ongoing conflict in Ukraine, Trump revealed plans for a meeting with Putin, adding that he would know “within the first two minutes” whether a peace deal was achievable.

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