Russian President Vladimir Putin on Thursday slammed Donald Trump’s administration for pressuring its trading partner India to cut back energy trade with Moscow, warning that it would backfire on Washington.
Speaking at the international Valdai discussion forum of security and geopolitical experts from 140 countries, including India, in the Black Sea resort of Sochi in South Russia, Putin said that if higher tariffs were imposed on Russia’s trade partners, it would drive up global energy prices and force the US Federal Reserve to keep interest rates high. That, he warned, would slow down the US economy.