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India has said Trump's tariffs are unjustified and unreasonable and pointed at ongoing US trade with Moscow.
On Friday, the Russian leader will receive a ceremonial welcome before the commencement of the 23rd India–Russia summit.
New initiatives were likely to be announced, even if they mostly focused on low-hanging fruit in ties.
The new sanctions were unveiled one day after plans for a summit between Trump and Putin fell apart.
Moscow's rejection of an immediate ceasefire in Ukraine cast a cloud over attempts at negotiations.
The Russian President said that India’s losses from punitive US tariffs would be offset by its energy trade with Russia.
The moment came as Putin and Xi walked with North Korea's Kim Jong Un at the head of a delegation of more than two dozen foreign leaders to view a military parade in Beijing marking the 80th anniversary of the end of World War Two.
However, Putin indicated no willingness to soften his long-standing demands.
Riding in an open-top limousine, Xi then inspected the troops and cutting-edge military equipment such as missiles, tanks and drones on display.
Jaishankar arrived in Moscow on Tuesday to fine-tune preparations for President Putin’s proposed visit to India, expected in November or December.
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