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Putin: US tariffs on Russia's trade partners could backfire economically
Russian President Vladimir Putin warned that U.S. pressure on India and China to reduce energy ties with Moscow could raise global prices and slow the U.S. economy.
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Reuters - Thu, 02, Oct 2025
- 15:27 EDT
- 10
Russia's President Vladimir Putin delivers a speech during the Valdai Discussion Club annual international conference in Sochi, Russia, October 2, 2025. / Sputnik/Mikhail Metzel/Pool via REUTERS
Russian President Vladimir Putin on Oct. 2 criticized U.S. efforts to pressure India and China into cutting energy ties with Moscow, warning that such moves could backfire economically.
Putin said that if higher tariffs are imposed on Russia's trade partners, it would drive up global prices and force the U.S. Federal Reserve to keep interest rates high.
That, in turn, would slow down the U.S. economy, Putin told a forum of Russian experts.
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