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  • 1 year ago
The U.S. has threatened to raise secondary tariffs on India if Donald Trump’s peace talks with Vladimir Putin in Alaska fail to achieve progress on ending the Ukraine war.

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00:00United States Treasury Secretary Scott Besson warns that Washington may hike secondary tariffs on India
00:07after U.S. President Donald Trump's high-stakes meeting with Russian President Vladimir Putin in Alaska.
00:14He says sanctions or tariffs could surge sharply if the Alaska talks collapse.
00:19Earlier this month, Trump introduced a 25% penalty on India, on top of existing 25% tariff, for buying Russian oil and weapons.
00:31Meanwhile, China is preparing a diplomatic push towards India amid Trump's global trade overhaul.
00:37Chinese Foreign Minister Wang Yi will visit New Delhi on August 18, his first trip in over three years.
00:43Saucer said the visit aims to ease long-standing tensions between Beijing and New Delhi.
00:50Indian Prime Minister Narendra Modi is also expected to meet Trump next month during the UN General Assembly in the United States.
00:57While attending the UN meeting, his key goal was to hold talks with Trump to resolve trade and tariff disputes.
01:04Trump's tariff threats spark anger across India as workers, farmers and students stage nationwide protests
01:11against Trump on Wednesday.

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