US warns of additional tariffs on India if Trump-Putin peace talks fail

Published: 8/14/2025
US warns of additional tariffs on India if Trump-Putin peace talks fail
US threatens additional tariffs on India if Trump-Putin talks fail, following a 25% penalty for buying Russian oil. Treasury Secretary warns of increased tariffs based on outcome of Trump-Putin meeting to discuss Ukraine conflict. India's reliance on Russian oil sparks tensions with US, impacting trade negotiations and potentially causing significant economic strain.