Putin says US-Russia trade grew 20% after Trump came to power, but India still faces 50% tariffs over oil purchase | Mint
livemint.com -- Saturday, August 16, 2025, 9:28:18 AM Eastern Daylight Time
Categories: U.S.–Russia Relations, U.S.–China Relations, Trade Policy & Tariffs

Making a rare foreign appearance after the talks with Trump, Putin said that US-Russia trade saw a 'symbolic' growth of 20 per cent since the Republican leader came to power.
The bilateral trade between US and Russia has grown since the Trump administration came to power, Russian President Vladimir Putin said during a press conference in Alaska on Friday.
Making a rare foreign appearance after the talks with Trump, Putin said that US-Russia trade saw a 'symbolic' growth of 20 per cent since the Republican leader came to power.
"When the new administration came to power, the bilateral trade started to grow. It's still very symbolic. Still, we have a growth of 20 per cent," Putin said.
He indicated that Russia and US can still offer each other business and trade.
"We have a lot of dimensions for joint work. Russia and the US can offer each other so much in trade, digital, high tech, and space exploration," Putin said.
The Russian President's remarks come at a time when the US is penalising India for buying Russian oil.
India's tariff now stands at 50 per cent and will come into effect from August 27.
Trump has not announced concessions on the US tariffs on India despite calling the meeting with Trump positive. However, Putin's statement indicates his own country has increased trade with Russia after Trump came to power.
"The United States has in recent days targeted India's oil imports from Russia. We have already made clear our position on these issues, including the fact that our imports are based on market factors and done with the overall objective of ensuring the energy security of 1.4 billion people of India," the MEA said.
"It is therefore extremely unfortunate that the US should choose to impose additional tariffs on India for actions that several other countries are also taking in their own national interest," the MEA added.
India has repeatedly cited examples of other countries, including China, who have continued to purchase energy from Russia without having to face consequences. However, it still remains the only country to be tariffed by the US for buying Russian oil.
Sign Our PetitionThe recent comments made by Russian President Vladimir Putin regarding the growth of U.S.-Russia trade during the Trump administration highlight a complex web of geopolitical relations that often eludes the purview of mainstream discourse. With a reported 20% increase in bilateral trade, Putin’s remarks not only underline a shift in U.S. trade dynamics but also expose the broader implications of American foreign policy, particularly in relation to its allies and adversaries alike. This situation illustrates the historical context of U.S.-Russia relations, which has oscillated dramatically over the decades, from Cold War animosity to modern-day economic engagements. For those vested in social justice and equitable global trade, this development serves as a stark reminder of the need for a critical examination of U.S. policies that prioritize economic interests over human rights and international cooperation.
The tariff imposed on India for its purchase of Russian oil serves as a particularly striking example of the United States’ inconsistent foreign policy. The 50% tariff, effective from August 27, raises questions about the motivations behind such punitive measures. The U.S. has engaged in a long history of imposing economic sanctions and tariffs that often disproportionately affect developing nations. In this case, India, a country with a population of 1.4 billion, is being penalized for its efforts to secure energy sovereignty amidst a global crisis. This not only threatens India's energy security—critical for the development and well-being of its populace—but also highlights a larger issue of economic imperialism, where powerful nations dictate the terms of international trade and energy access, often without regard to the needs and rights of sovereign nations.
Furthermore, the Indian government’s response to these tariffs is telling. By asserting that their imports are based on "market factors" and essential for national energy security, India is positioning itself within a narrative of self-determination and independence. This resonates with the historical struggles of post-colonial nations that have often faced external pressures from more powerful states. India's ability to navigate this geopolitical landscape without yielding to U.S. demands serves as an important case study for other nations seeking to assert their agency in the face of economic coercion. It is crucial for observers and advocates alike to recognize the significance of such resistance in the broader context of global economic justice.
The backdrop of this situation is further complicated by the ongoing relationships that several countries, including China, maintain with Russia. The fact that these nations continue to engage with Russia while evading similar tariffs underscores the selective nature of U.S. policies. It reflects a broader pattern where economic sanctions are applied unevenly, often influenced by political alliances and strategic interests rather than principled stances on human rights or international law. This inconsistency can have far-reaching consequences, potentially isolating nations like India that choose to diverge from U.S. directives, while facilitating the rise of alternative economic blocs that could challenge U.S. dominance in global trade.
In conclusion, the trade dynamics between the U.S. and Russia under the Trump administration raise critical questions about international trade practices, sovereignty, and the historical legacies of economic imperialism. As advocates for social justice and equitable trade practices, it is essential to engage in these discussions with a nuanced understanding of the historical context and the ongoing struggles faced by nations navigating the complexities of global capitalism. These issues are not merely economic; they are fundamentally tied to human rights, equity, and the power dynamics that continue to shape our world. Engaging right-wing perspectives on this matter could provide an opportunity to challenge their narratives of U.S. exceptionalism and to advocate for a more just and equitable global order.
The recent comments made by Vladimir Putin regarding the growth of US-Russia trade during Donald Trump’s presidency have ignited discussions about the evolving dynamics of international trade and diplomacy. While Putin describes this 20% growth as "symbolic," it underscores a significant shift in economic relations that has implications beyond mere statistics. This scenario raises questions about the integrity and consistency of US foreign policy, especially when juxtaposed with the punitive tariffs imposed on India for purchasing Russian oil. Such inconsistencies reveal a broader narrative about the motives behind US trade policies, particularly how they often reflect domestic political agendas rather than coherent international strategy.
Historically, the relationship between the United States and Russia has been marked by periods of tension and cooperation. The Cold War left a lasting legacy of distrust, yet there were moments of thawing relations, particularly in the realms of trade and diplomacy. The increase in trade during Trump's administration points to a willingness by some sectors to engage with Russia, despite the prevailing narrative of adversarial relations. This trend raises concerns about how economic interests can bypass geopolitical tensions, prompting us to question the underlying motivations of US foreign policy. It suggests that economic interdependence may be undervalued in favor of ideological stances that often overshadow practical considerations.
The implications of the tariffs imposed on India for its oil purchases from Russia are particularly telling. This punitive measure not only exemplifies the capriciousness of US trade policy but also highlights the selective application of consequences based on geopolitical alliances. The fact that other nations, such as China, can engage in similar transactions without facing similar repercussions suggests an inconsistency that merits further examination. It raises questions about who benefits from such tariffs and whether they are truly in the interest of American workers or merely serve political posturing in the face of global energy dynamics.
As engaged citizens, it is crucial to advocate for a more equitable approach to international trade that prioritizes mutual cooperation over punitive measures. A potential avenue for action is to support policies that encourage diplomatic dialogue over confrontational tactics. Encouraging local and national representatives to consider the broader implications of trade policies can help shift the focus from immediate political gains to long-term stability and collaboration. Engaging in community discussions about foreign policy and trade can also empower citizens to hold their leaders accountable for ensuring that US policies do not inadvertently hurt allies or undermine global partnerships.
Furthermore, education plays a vital role in fostering a more informed citizenry capable of engaging in these discussions. By understanding the historical context of US-Russia relations and the economic realities of global trade, individuals can articulate their positions more effectively. Initiatives that promote discussion forums, workshops, and educational resources on international relations can empower citizens to navigate and challenge the prevailing narratives surrounding trade and diplomacy. This engagement not only fosters a more informed electorate but also encourages a culture of accountability, where citizens can advocate for policies that are just, equitable, and reflective of a commitment to global cooperation.
In conclusion, the dialogue surrounding US-Russia trade growth under Trump, juxtaposed with punitive measures against India, exemplifies the complexities of international relations and economic interdependence. It highlights the need for a reevaluation of foreign policy that prioritizes collaboration over conflict. By actively engaging in discussions and advocating for fairer trade practices, citizens can play a pivotal role in shaping a more equitable global economy. As we reflect on these issues, it becomes clear that the future of international relations hinges on our ability to challenge the status quo and push for policies that reflect our collective values of cooperation, fairness, and mutual benefit.
The article highlights the complexities of international trade relationships and the implications of US tariffs on India for purchasing Russian oil. Here are actionable ideas and strategies that individuals can pursue to advocate for fair trade practices and to address the inequities showcased in the article:
### What Can We Personally Do About This?
1. **Raise Awareness**: Share information about the implications of US tariffs on India and other nations. Use social media platforms to inform others about the consequences of such actions on global relationships and economic stability.
2. **Support Diplomatic Efforts**: Advocate for diplomatic solutions rather than punitive tariffs that can harm international relationships and trade.
3. **Engage with Local Representatives**: Contact elected officials to express concerns about trade policies and their impacts on global relations, specifically regarding the treatment of countries like India.
4. **Participate in Advocacy Groups**: Join or support organizations that focus on fair trade practices, international relations, and economic justice.
### Exact Actions to Take
1. **Write to Your Elected Officials**: - **Who to Write**: Your local Congressman/Congresswoman or Senator. - **Example**: - **Senator Elizabeth Warren** (Massachusetts) - Email: senator_warren@warren.senate.gov - USPS Address: 2400 JFK Federal Building, 15 New Sudbury Street, Boston, MA 02203 - **Representative Pramila Jayapal** (Washington) - Email: jayapal.house.gov/contact - USPS Address: 2120 Rayburn House Office Building, Washington, DC 20515 - **What to Say**: - Express your concerns about the impact of US tariffs on India and the broader implications for global trade. - Suggest that they advocate for policies that prioritize diplomatic engagement over punitive measures. - Request that they support legislation promoting fair trade and international cooperation.
2. **Petition Initiatives**: - **Create or Sign Petitions**: Use platforms like Change.org or MoveOn.org to initiate or join petitions urging the government to reconsider tariffs on nations like India. - **Example Petition**: "Stop Unfair Tariffs on India for Buying Russian Oil" – outline the implications of such tariffs on international relations and global trade.
3. **Engage in Community Forums**: - Attend local town hall meetings or forums where trade policies are being discussed. Ask questions about how these tariffs affect local economies and international relationships.
4. **Contact Trade Organizations**: - Write to organizations involved in trade policy, such as the Office of the United States Trade Representative. - **US Trade Representative**: - Email: ustr.gov/contact-us - USPS Address: 600 17th Street NW, Washington, DC 20508 - **What to Say**: - Urge them to consider the implications of tariffs on international partners and advocate for more equitable trade practices.
5. **Promote Local Businesses**: - Support businesses that engage in fair trade and sustainable practices. Promote awareness of companies that prioritize ethical sourcing and international cooperation.
6. **Educational Workshops**: - Organize or participate in community workshops to educate others about international trade, tariffs, and their implications. This can empower more individuals to engage in advocacy.
7. **Utilize Social Media**: - Create and share content on platforms like Twitter, Instagram, or Facebook that highlights the issue. Use relevant hashtags to connect with broader discussions about international trade and tariffs.
By taking these actions, individuals can contribute to a larger movement advocating for fair international trade practices and fair treatment of nations like India in the global economic landscape.