A meeting is going to be held between US President Donald Trump and Russia President Vladimir Putin. Both of them will hold talks in Alaska. Earlier, Trump has given a big statement earlier. He said that the tariff imposed due to buying oil from Russia on India will get a shock to Moscow’s economy. He described India as Russia’s second largest oil buyer.

Trump said during a press conference at the White House, staring at Putin, saying, ,When US President Russia’s largest or second biggest oil buyer tells that you bought oil from Russia, then 50 percent tariff will be taken, it is definitely a big shock for it., US President Trump also claimed that this would affect Russia’s economy badly.

Trump and Putin have to meet in Alaska

According to a New York Times report, Putin and Trump are going to have a meeting next week. Trump said about this meeting, ,I want to see what is going on in the mind of his (Putin). I will know in the beginning two minutes whether there can be an agreement or not. Perhaps then I will go away by saying good luck.,

Why Trump imposed 50 percent tariff on India

The US had imposed only 25 percent tariff on India, but after that it increased to 50 percent. Donald Trump is angry about India. He has a problem for buying oil from Russia in India. Trump accused Russia of promoting the war. There is going to be a trade deal between India and America, but it has not been agreed. Trump wants India to compromise in dairy and agriculture, but India is not ready for it.

US President Donald Trump on Friday (August 1, 2025) reacted to the news of a possible restriction on India’s probability ban on purchasing oil from Russia. However, he also admitted that he is not sure about the truth of this information.

The news agency ANI was asked whether any special fine would be imposed on India or whether there is any conversation with Prime Minister Narendra Modi, Trump said that I have heard that India will no longer buy oil from Russia. I do not know whether it is right or wrong. This is a good step. Let’s see what happens. This statement comes at a time when the US is under international pressure to limit Russia’s earnings between Ukraine War.

India is the third largest country to buy oil from Russia

India is the third largest oil importer in the world and since 2022 it has been a major buyer of concessional Russian crude oil. At the same time, according to recent reports, Indian government refineries have temporarily stopped the purchase of oil from Russia due to decreasing discounts and logistic challenges. The Government of India has not given any official statement on this. America considers this business wrong from a geopolitical perspective and wants India to stop purchasing energy and weapons from Russia.

America has imposed 25 percent tariff on India

Recently, the US has announced that it will impose 25% tariffs on all exports from India. A fine will also be imposed for continuing energy trade from Russia. Trump criticized India in his Truth Social Post last week, in which he said that India buys energy and military equipment from Russia and puts a lot of tariffs on American products, due to which there is a lot of problems in business.

What did India say on Trump’s statement?

On behalf of the Government of India, Foreign Ministry spokesman Randhir Jaiswal reacted and said that there is a stable and time-time partnership between India and Russia. Indo-US relations are based on common interests, democratic values and strong public relations. India made it clear that it wants to maintain a balanced relationship with both countries and will not compromise on its strategic interests.

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