Washington DC/IBNS, Feb. 20 -- US President Donald Trump on Thursday reiterated his claim that he acted as a mediator between India and Pakistan during last year's military standoff, asserting that the threat of steep tariffs compelled both nations to resolve the conflict.

Speaking at his Board of Peace event, Trump said he had warned both countries that the United States would impose 200% tariffs if they failed to de-escalate tensions.

The President also claimed that 11 "very expensive jets" were shot down during the military confrontation that began after India's Operation Sindoor, launched in response to the killing of 26 tourists in Jammu and Kashmir's Pahalgam.

He added that economic pressure played a decisive role in calming the ...