US Treasury Secretary Scott Bessent has warned that if peace talks between Donald Trump and Vladimir Putin fail, India could face additional secondary tariffs. The US has already imposed a 25% fine and a 25% tariff on India for purchasing oil and weapons from Russia. Bessent urged European nations to join in on secondary sanctions, saying they should “stand together” in pressuring Russia. Today’s Trump-Putin meeting in Anchorage, Alaska, will focus on a Ukraine ceasefire.