Russian president Vladimir Putin has hit out at the United States leadership over its efforts to pressure India and China into cutting business ties with his country. He warned the US that such moves could even backfire economically. Putin said that if higher tariffs are levied on Russia's trade partners, it would drive up global prices and force the US authorities to keep interest rates up. His comments come as US President Donald Trump has imposed a massive 50 percent tariff on India, including a 25 percent punitive levy over New Delhi's purchase of Russian crude oil.

What did Putin say about India?

Speaking at a forum of Russian experts, Putin said: "India and China will not allow to humiliate themselves." He added: "If India refuses our energy supplies, it will suffer a certain loss.

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