India says it will protect the interest of farmers, MSME, entrepreneurs after Trump 25% tariff & penalty threat https://t.co/6KDXRdvKEm
Government will take all steps necessary to secure our national interest, India on Trump's tariff Announcement https://t.co/6KDXRdvKEm
India says it has taken 'note' of Trump's 25% tariff & penalty threat; says,'Government is studying its implications' https://t.co/6KDXRdvKEm
India said it has "taken note" of U.S. President Donald Trump’s threat to impose a 25% tariff and additional penalties on imports from the country. New Delhi is studying the implications of the announcement, the government said in a statement on Wednesday. The Indian government added that it will "take all steps necessary to secure our national interest" and specifically cited the need to protect domestic farmers, micro- and small-enterprise owners and entrepreneurs. Officials did not detail potential countermeasures but stressed that safeguarding key constituencies will guide any response. The remarks underscore rising trade tensions between the two countries, which have already been strained by Washington’s broader tariff regime on Chinese goods and a series of disputes at the World Trade Organization. Bilateral merchandise trade between India and the United States was valued at about $200 billion last year.
