New Delhi, Aug. 14 -- The United States has been relentless on its Donald Trump induced tariff war, as US treasury Secretary has warned another spate of secondary tariffs on India over Russian oil trade. Washington has accused New Delhi of 'fuelling' the war machinery of Russia, by buying their oil at discounted prices. This comes as US President Donald Trump is headed to Alaska to meet Russia's Vladimir Putin to seal a deal to 'stop' the Ukraine war.

Treasury Secretary Scott Bessent has warned that secondary tariffs could be raised depending on the outcome of President Donald Trump's high-stakes meeting with Russian President Vladimir Putin in Alaska on Friday.

Speaking to Bloomberg TV on Wednesday, Bessent said Washington had already ...