Russian President Vladimir Putin on Thursday criticised US 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 US economy, Putin told a forum of Russia experts.
The Russian leader also said that India and China will not allow to humiliate themselves.
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 US economy, Putin told a forum of Russia experts.
The Russian leader also said that India and China will not allow to humiliate themselves.
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