“I know we will have to pay a heavy price for it and I am ready for it. India is ready for it”
Facing opposition’ criticism on the issue, Prime Minister Narendra Modi on Thursday gave a veiled response to US President Donald Trump’s tariff threats on India, saying that India will “never compromise” on interest of farmers and that their interests was his government’s top priority
“For us, the interest of our farmers is our top priority. India will never compromise on the interests of farmers, fishermen and dairy farmers,” PM Modi said
He was speaking at the MS Swaminathan Centenary International Conference.
Without naming the US or Trump, PM Modi added that he was aware of the cost of taking such a stand. “I know we will have to pay a heavy price for it and I am ready for it. India is ready for it, he zaid
Trump on Wednesday announced additional 25 percent tariff on India for purchases of Russian oil, bringing the total duties on India to 50 percent, among the highest on any country in the world.
India said it will take “all actions necessary to protect its national interests” in response to US President Donald Trump imposing additional 25 percent tariff on Indian imports, taking the total tariffs to 50 percent,
An official statement by the Ministry of External Affairs noted that the “United States has in recent days targeted India’s oil imports from Russia” while India made clear its position on these issues, “including the fact that our imports are based on market factors and done with the overall objective of ensuring the energy security of 1.4 billion people of India.”
“It is therefore extremely unfortunate that the US should choose to impose additional tariffs on India for actions that several other countries are also taking in their own national interest,” it said, reiterating “these actions are unfair, unjustified and unreasonable.”
“India will take all actions necessary to protect its national interests,” it added
