Moscow, Aug. 5 -- Russia on Tuesday emphasised that sovereign nations have the right to choose their trade partners and determine the terms of economic cooperation based on their interests, TASS reported

This statement comes in response to US President Donald Trump's threat to significantly increase tariffs on India due to its importation of Russian oil. Peskov's comments highlight the importance of national sovereignty in making economic decisions.

Commenting on the US' threats regarding India, Kremlin Spokesman Dmitry Peskov told journalists, "We believe that sovereign countries must have and do have the right to choose their trade partners, the partners in trade and economic cooperation, on their own and independently determine those...