Russia on Wednesday rejected US President Donald Trump’s “paper tiger” comment. The Kremlin said Trump was acting as a businessman, forcing the world to buy American oil and gas. The exchange followed Trump’s UN speech targeting Russia, China, India, and Europe over energy and the Ukraine war.

BulletsIn

• Kremlin calls Trump a businessman pushing costly US oil, gas
• Comes after Trump said China, India funding war by buying Russian oil
• Trump demanded Europe stop all energy imports from Russia
• Trump warned Russia of severe new tariffs if war continues
• July: Trump imposed 25% tariff on Indian goods, later raised to 50%
• Tariffs linked to India’s continued Russian oil imports, effective August 27
• Kremlin rejects Trump’s “paper tiger” tag, says Russia is “paper bear doesn’t exist”
• Russia says economy stable, though facing growth challenges
• Peskov: no choice but to continue Ukraine offensive since 2022
• Russia says war for national interests, future generations
• Relations with US remain weak, rapprochement “close to zero”