New Delhi, Oct. 7 -- US President Donald Trump on Monday described his use of tariffs as a measure to stop wars, and said that his communication to India and Pakistan during the recent conflict was "very effective", repeating his claim of ending the battle between the nuclear-armed neighbours using trade.

"Tariffs are very important for the United States. We are a peacekeeper because of tariffs. Not only do we make hundreds of billions of dollars, but we're a peacekeeper because of tariffs," Trump said in the Oval Office on Monday.

The US president said that if he did not use the "power of tariffs", four wars would still be raging.

"If I didn't have the power of tariffs, you would have at least four of the seven wars raging... If you l...