Tag: US Sanctions

Russian President Vladimir Putin has strongly criticized US President Donald Trump’s tariff threats against India and China, declaring that the “colonial era is over.” Speaking at the SCO Summit in Tianjin on September 3, 2025, alongside Prime Minister Narendra Modi and Chinese President Xi Jinping, Putin warned that attempts to pressure Asia’s two biggest economies through sanctions and tariffs were misguided and destabilizing. His remarks, backed by visible solidarity among India, China, and Russia, signal a growing pushback against US economic coercion and highlight a shift toward a multipolar world order.

India has firmly defended its continued imports of discounted Russian oil despite criticism from former RBI Governor Raghuram Rajan, who urged a halt citing Western pressure. Supporters of Prime Minister Narendra Modi argue that the policy has saved India $26 billion, stabilized fuel prices, and curbed inflation, calling Rajan’s remarks aligned with Western lobbies. The debate underscores India’s growing assertiveness in balancing economic pragmatism with geopolitical pressures.