Russian President Vladimir Putin is coming to India for two days on Thursday (December 4, 2025). Not just India, the entire world is talking about Putin’s visit. Three months ago, when Prime Minister Narendra Modi and Putin met in Tianjin, China, the whole world talked about their friendship. Both had reached China for the SCO summit.

The Russian President is coming to India at a time when India has to pay heavy tariffs to buy oil from Russia. Despite this, the whole world has been shocked to see India’s GDP growth. Only last month, the Finance Ministry said that India’s GDP growth rate was recorded at 8.2 percent in the third quarter from July to September. The whole world is surprised to see this figure because it was being estimated that India’s economy could be affected due to the huge tariffs imposed by America.

Now if we talk about the economies of both the countries, Russia’s economy is half that of India. This year, India has become the fourth largest economy in the world, leaving behind Japan. India’s total GDP is 4.3 trillion dollars, while Russia’s GDP is 2.54 trillion dollars. Russia ranks ninth among the world’s largest economies.

US President Donald Trump has imposed a penalty of 25 percent tariff on India for purchasing oil from Russia, whereas he had already increased the tariff by 25 percent. He says that India imposes higher tariff than America, in return they have imposed 25 percent tariff and they have imposed additional 25 percent tariff as a penalty for buying Russian oil.

Putin will reach Delhi in the evening and will meet Prime Minister Modi at his residence directly from the airport. PM Modi has also organized a private dinner for him. Many agreements related to energy, trade and defense are likely to be signed in this meeting. Apart from this, many international level issues can also be discussed, due to which US President Donald Trump and the leaders of Pakistan, China and Ukraine are paying special attention to the meeting.

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Tension between America and Russia may increase once again. The Trump administration has prepared new economic sanctions against Russia. This step will be taken if Russian President Vladimir Putin continues to delay ending the war in Ukraine. American officials have given this information to Reuters.

What is America’s new plan?

Under America’s new plan, preparations are being made to directly attack Russia’s banking system and oil industry. Both these areas are most important for Russia’s war financing. If these restrictions are implemented, it could have a major impact on Russia’s economy. However, it has not been decided yet whether the Trump administration will implement them immediately or not.

Restrictions have been imposed earlier also

Earlier, America had imposed sanctions on Russia’s big oil companies Lukoil and Rosneft. After these sanctions, global oil prices increased by more than $2 and countries like China and India had to find alternative supplies of oil.

Role of European countries

According to a senior American official, America now wants European countries (EU) to take the next big step. Be it new restrictions or import duties. For now, Trump can wait and watch the situation for some time to understand how Russia reacts to these recent sanctions.

Ukraine is getting support

The US has also suggested the European Union (EU) to use frozen Russian assets to purchase American weapons for Ukraine. Apart from this, America is also considering using Russian assets kept in its country to help Ukraine in the war.

Trump’s strategy and challenges

President Donald Trump is presenting himself as a global peacemaker, but he has admitted that ending the Russia-Ukraine war has proved more difficult than expected. European countries, in view of Trump’s changing policies regarding Russia, are preparing to take new steps at their own level.

Ukraine’s new demand

According to sources, Ukraine has suggested to the US and its allies that all Russian banks be completely cut off from the US dollar system, so as to put further pressure on Russia’s international financial activities. Overall, this new strategy of the Trump administration is being considered as the next big step towards increasing economic pressure on Russia as well as strengthening Ukraine.

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US President Donald Trump’s tariff policy (US President Donald Trump Tariff Policy) has caused a ruckus in the entire world. In the global stock market, only red is seen red everywhere. This tariff policy of Trump has not only put China, India or other countries in trouble, but it has also created a big economic crisis over Russia. Actually, Russia’s economy, which is mainly dependent on oil, gas and mineral exports, is moving towards a serious crisis.

What is the whole matter?

On Monday, there was a huge decline in crude oil prices, where Russia’s Urals crude oil reached close to $ 50 per barrel. The decline occurred when former US President Donald Trump announced a tariff globally. Under Trump’s new tariff policy, 34 percent of goods from China, 26 percent on India and 20 percent on imports from European union have been imposed. Apart from this, an additional 10 percent tariff has also been imposed on the whole world.

The fall in oil prices has a direct impact on Russia’s income. In March itself, the country’s oil and gas earnings had fallen by 17 percent and the situation has worsened in early April itself.

What did Russia say?

Reacting to this, Kremlin spokesman Dimitri Peskov said that the government is keeping an eye on this situation and will take necessary steps to reduce its effect. This whole incident did not only affect Russia, but there has been upheaval in the financial markets of the whole world. In just 72 hours, wealth of more than Trillian dollars was erased from global markets. The price of the American benchmark WTI crude came to $ 60 per barrel, while the international brent crude reached $ 64 per barrel.

Trump said everything is fine

However, amidst all this, Donald Trump claimed on his social media platform ‘Truth Social’ that everything is fine. He wrote, “Oil prices are below, interest rates are also low, there is no inflation and America is now earning billions of dollars every week through tariffs.” He attacked China directly and said that China has been exploiting America for decades and now he has been taking revenge by imposing 34 percent additional tariffs, which is wrong.

Russia’s economy in crisis

This entire situation has seriously challenged Russia’s economy, because its biggest source of earning oil is now in danger. In other countries of the world, the recession of recession is being heard and investors are in dilemma. It will have to be seen further how Russia recovers from this crisis and will Trump’s policies affect the global economy further.

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