India, Aug. 14 -- US Treasury Secretary Scott Bessent on Wednesday issued a warning that Washington could increase the secondary tariffs on India if "things don't go well" between President Donald Trump and his Russian counterpart, Vladimir Putin, during the meeting this weekend.

Trump and Putin will hold talks in Alaska on August 15, Friday, in Alaska in a bid to end the war in Ukraine, which was triggered by Russia's full-scale invasion of the country in February 2022.

In an interview with Bloomberg TV, Bessent said, "We've put secondary tariffs on Indians for buying Russian oil. And I could if things don't go well, then sanctions or secondary tariffs could go up."

Initially, Trump had imposed a 25 per cent tariff on Indian goods. Ho...