Trump Claims India Tariffs Deal Heavy Blow to Russia’s Economy

US President Donald Trump says his 50% tariffs on Indian imports of Russian oil are delivering a major hit to Moscow’s economy. Speaking ahead of his August 15 meeting with Vladimir Putin in Alaska, Trump framed the move as part of his strategy to pressure Russia over the Ukraine war. The tariffs include a 25% reciprocal duty on India and an additional 25% on its Russian oil purchases, totaling 50%. The announcement adds to the high-stakes atmosphere before Trump’s face-off with Putin.