New Delhi, Aug. 17 -- Former diplomat Veena Sikri has expressed optimism that the United States may put the additional tariffs on India on hold, following the recent meeting between US President Donald Trump and Russian President Vladimir Putin in Alaska.

The summit, which both leaders have described as "very productive," seems to have created a positive outcome that could alleviate the tariff threat, ANI reported.

Sikri noted that before the meeting, the situation for India appeared grim, with the US secretary for the treasury Scott Bessant warning of further increase of tariffs if the meeting didn't go well.

"Before the summit in Alaska, President Trump and President Putin, one of Trump's senior ministers, the US Secretary for the Tr...