Washington, Aug. 16 -- US President Donald Trump, in an interview with Fox News, said that Russia lost India as an oil client while discussing the economic aspect of Russian President Vladimir Putin coming to the table for talks.

When asked about the economic side of Putin's negotiations, Trump referred to India's role, saying, "Well, they lost an oil client so to speak, which is India, which was doing about 40% of the oil, China as you know is doing a lot...and If I did secondary sanctions, it would be devastating from their standpoint. If I have to do it, I'll do it, maybe I won't have to do it," during the interview aboard Air Force One.

Trump's comments follow his recent decision to impose a 50% tariff on Indian imports, citing New ...