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, reported news agency PTI.

"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, reported PTI.