The United States tariff has been unwavering in its tariff war initiated by Donald Trump, as the US Treasury Secretary has cautioned about the possibility of additional secondary tariffs on India concerning Russian oil trade.
Washington has charged New Delhi with ‘fueling’ Russia’s war efforts by purchasing their oil at reduced prices. This development coincides with US President Donald Trump’s trip to Alaska to meet with Russia’s Vladimir Putin to finalize an agreement aimed at ‘ending’ the Ukraine war.
Scott Bessent, the Treasury Secretary, has indicated that there is a possibility of raising secondary tariffs depending on how President Donald Trump’s important meeting with Russian President Vladimir Putin unfolds in Alaska on Friday.
Why are more US tariffs a concern for India?
On Thursday, during a press briefing, MEA spokesperson Randhir Jaiswal talked about the India–US relationship, calling it a solid global strategic partnership built on shared interests, democratic values, and strong ties. He mentioned that this partnership has weathered many changes and challenges over the years, and he hopes it will keep moving forward based on mutual respect and common goals.
He added, “We have already put out our statement and would like to highlight it for you.”
The MEA spokesperson also made it clear, “There hasn’t been a decision yet on whether PM Modi will attend the United Nations General Assembly or not.”
What’s the deal with Trump and Putin’s talks in Alaska?
Trump and Putin are scheduled to meet in Anchorage this Friday to try and negotiate a ceasefire between Russia and Ukraine. The US president has cautioned that there will be “serious repercussions” if Moscow does not consent to a peace agreement.
Bessent called on European countries to better align with Washington’s sanctions policy, stating, “The Europeans must come together with us on these sanctions. They need to be prepared to implement these secondary sanctions.”
