Former diplomat Veen Sikri has expressed optimism that the United States can suspend other tariffs in India after a recent meeting between US President Donald Trump and Russian President Vladimir Putin at Alaska.
It seems that the summit, which both leaders have described as “very productive”, created a positive result that could alleviate the tariff threat, reported nor.
Shift in attitude towards tariffs
Sikri noted that before the meeting, the situation for India appeared grim, with the US Secretary of Finance Scott Bessant warning of further increase in tariffs, unless the meeting was well.
“Before the Alaska summit, President Trump and President Putin, one of the higher ministers Trump, the US Secretary of the Treasury, Mr. Bessant, even said that if the meeting is not good, then we can further increase tariffs in India. However, after a positive outcome of the interviews, there are now indications that the US does not have to continue with endangered tariffs, at least for now.
Trump said on Saturday that his meeting with Russian President Putin in Alaska “went really well”. He also conducted a telephone interview with the Ukrainian President Zelenkyy, several European leaders and NATO Secretary -General and said that the Peace Agreement is the best way for the future.
Discussion about tarifts and trade
Sikri in an interview for or has suggested that Trump and Putin have discussed the question of tariffs on Russian oil sales to countries such as China, India and the European Union (EU).
“From President Trump, I think there is some discussion, definitely with President Putin, and it seems that it has been understood that tariffs for Russian oil sales to China, India and even the EU may not be stored,” she said.
She also added that “there may also be a possibility of trade between Russia and America. So he talks about it … President Putin spoke about it and said,” Oh yes, we have a good business with the US. “I think this problem may not appear;
Chinese factor
Sikri emphasized the key moment from the Summit press interaction where journalists asked President Trump about why China, the main buyers of oil from Russia, was not affected by tariffs. Trump replied that he would wait for several weeks, and then it may not be necessary to mention the tariffs.
His statement further strengthens that the tariff threat is retreating.
(Tagstotranslate) American tariffs
