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Tariffs On India Could Rise If Trump-Putin Talks Fail: US
Kashmir Observer
|AUGUST 15, 2025 ISSUE
US Treasury Secretary Scott Bessent has warned that the secondary tariffs on India could go up if "things don't go well" during talks between President Donald Trump and Russian President Vladimir Putin in Alaska on Friday.
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Last week, Trump imposed tariffs totalling 50 per cent on India, including 25 per cent for Delhi’s purchases of Russian oil, that will come into effect from August 27.
"I think everyone has been frustrated with President Putin. We expected that he would come to the table in a more fulsome way. It looks like he may be ready to negotiate. And we put secondary tariffs on the Indians for buying Russian oil. I could see, if things don't go well, then sanctions or secondary tariffs could go up,” Bessent said in an interview with Bloomberg on Wednesday.
यह कहानी Kashmir Observer के AUGUST 15, 2025 ISSUE संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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