India has committed to taking all necessary measures to safeguard its farmers and industries following President Donald Trump's announcement of a 25% tariff on Indian imports, intensifying tensions in the ongoing trade negotiations between the two countries. Scheduled to commence on August 1, this tariff specifically targets India with more severe economic penalties than many other nations. The new duties pose a threat to India's economy, which the U.S. has viewed as a strategic counterbalance to China. Nonetheless, New Delhi has emphasized that it will prioritize its domestic interests, especially its protected agricultural sector, over concessions to U.S. demands.
The decision comes amidst months of stalled bilateral trade talks, with the U.S. urging India to open its markets—particularly in agriculture—while India resists out of concern that cheaper American imports could harm its rural farmers. India's Ministry of Commerce and Industry reaffirmed its commitment to a fair and mutually beneficial agreement, stressing the importance of protecting the livelihoods of small farmers and enterprises. It highlighted its recent free trade agreement with the U.K. as an example of balanci...
India to Protect Farmers and Industries Amid U.S. Tariffs Threat
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