US EditionIndia's Modi vows to protect farmers, cuts tax, pushes self-reliance amid Trump tariff tensions
Modi pledges to protect farmers and boost self-reliance as US tariffs on Indian goods reach 50%, risking up to 70% of exports according to Indian think tank ICRIER.
- Ahead of the Trump–Putin summit, the United States warned it may impose additional secondary tariffs on India if talks fail, scheduled for August 15 in Anchorage, Alaska.
- Imposing additional duties, Washington targeted Indian goods, raising tariffs from 25% to 50% on August 6 for continuing Russian oil imports.
- According to ICRIER, the tariffs threaten to impact up to 70% of India’s exports, which totaled nearly $87 billion in 2024, under the 50% tariff structure.
- Indian Prime Minister Narendra Modi urged the country on Friday to move towards more self-reliance, manufacture everything from fertilisers to jet engines and EV batteries, and vowed to protect farmers.
- Observers warn the outcome of the Alaska summit could determine the future of global energy markets and the US-India strategic partnership, with the tariff threat seen as a test for other Russian oil buyers such as China, Turkey, and several Southeast Asian nations.
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BreitbartIndia Says U.S. Arms Deals Still on Track, but No Compromise on Trade
Indian Prime Minister Narendra Modi on Friday repeated his vow to protect Indian farmers from competition with tariffs and trade barriers, even as President Donald Trump’s punishing retaliatory tariffs of up to 50 percent on Indian goods threaten to take effect. Indian officials insisted, despite reports to the contrary, that the trade battle would have no bearing on major arms purchases from the United States. Modi made his remarks on trade dur…
Facing US tariffs, Indian PM Modi vows self-reliance
Indian Prime Minister Narendra Modi said on Friday that his country is seeking self-reliance in energy independence and the development of its own powerful defence systems, vowing to defend his country’s interests “like a wall”. Modi delivered his annual Independence Day address from the ramparts of New Delhi’s Red Fort at a time when India faces intense pressure and threats of additional tariffs from the United States. “Self-reliance is the fou…
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Business RecorderIndian PM Modi vows to protect farmers, pushes self-reliance amid Trump tariff tensions
Indian Prime Minister Narendra Modi urged the country on Friday to move towards more self-reliance, manufacture everything from fertilisers to jet engines and EV batteries, and vowed to protect farmers in the face of a trade conflict with Washington.
India's Modi vows to protect farmers, cuts tax, pushes self-reliance amid Trump tariff tensions
Indian Prime Minister Narendra Modi urged the country on Friday to move towards more self-reliance, manufacture everything from fertilisers to jet engines and EV batteries, and vowed to protect farmers in the face of a trade conflict with Washington.
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