Indian Prime Minister Narendra Modi said on Thursday affirmed his unwavering commitment to India’s agricultural community, vowing to protect farmers, dairy producers, and fishermen even in the face of sweeping 50% U.S. tariffs.
"For us, our farmers' welfare is supreme," Modi said at an event in New Delhi.
"India will never compromise on the wellbeing of its farmers, dairy (sector) and fishermen. And I know personally I will have to pay a heavy price for it," he said.
The comments follow President Donald Trump announced a new 25% tariff on Indian goods on Wednesday, bringing the total duty to 50%- one of the highest imposed on a U.S. trade partner. The tariff, set to take effect on 28 August, is intended to penalise India for continuing its imports of Russian oil.
Although Indian Prime Minister Narendra Modi did not directly address the U.S. or the stalled trade talks, his remarks strongly defended India’s stance.
Negotiations between India and the U.S. collapsed after five rounds due to disagreements over opening India’s agricultural and dairy markets and halting Russian oil imports.
India’s foreign ministry has criticized the U.S. move as 'extremely unfortunate' and stated it will “take all necessary steps to safeguard national interests.”
Analysts note that India’s limited leverage, compared to China’s advantage in rare earth resources, may complicate a U.S. tariff response.
On the domestic front, India’s equity markets dipped modestly, with the benchmark Nifty 50 index falling between 0.5% and 0.6% amid investor concern over export vulnerabilities.
A U.S. immigration agent shot and killed a 37-year-old woman in her car in Minneapolis on Wednesday, local and federal officials said, amid an expande...
Ukrainian President Volodymyr Zelenskyy has called on the United States to target Ramzan Kadyrov, the leader of Russia’s Chechnya region, with an op...
U.S. President Donald Trump said he will stop defence contractors from paying dividends or buying back shares until weapons production speeds up, crit...
U.S. Secretary of State Marco Rubio said he will meet Danish leaders next week, signalling that Washington is not retreating from President Donald Tru...
Canada’s Prime Minister Mark Carney will travel to China later this month, marking the first visit by a Canadian leader since 2017....
A U.S. immigration agent shot and killed a 37-year-old woman in her car in Minneapolis on Wednesday, local and federal officials said, amid an expanded immigration enforcement operation ordered by President Donald Trump.
Ukrainian President Volodymyr Zelenskyy has called on the United States to target Ramzan Kadyrov, the leader of Russia’s Chechnya region, with an operation similar to the recent U.S. action that captured Venezuelan President Nicolás Maduro.
U.S. President Donald Trump said he will stop defence contractors from paying dividends or buying back shares until weapons production speeds up, criticising the industry for delays and high costs.
U.S. Secretary of State Marco Rubio said he will meet Danish leaders next week, signalling that Washington is not retreating from President Donald Trump’s stated goal of acquiring Greenland, despite mounting concern among European allies.
Germany’s foreign intelligence service secretly monitored the telephone communications of former U.S. President Barack Obama for several years, including calls made aboard Air Force One, according to an investigation by the German newspaper Die Zeit.
Open-source intelligence (OSINT) sources reported a significant movement of U.S. military aircraft towards the Middle East in recent hours. Dozens of U.S. Air Force aerial refuelling tankers and heavy transport aircraft were observed heading eastwards, presumably to staging points in the region.
Diplomatic tensions between Tokyo and Beijing escalated as Japan slams China's export ban on dual-use goods. Markets have wobbled as fears grow over a potential rare earth embargo affecting global supply chains.
Iran’s chief justice has warned protesters there will be “no leniency for those who help the enemy against the Islamic Republic”, as rights groups reported a rising death toll during what observers describe as the country’s biggest wave of unrest in three years.
Two people have been killed after a private helicopter crashed at a recreation centre in Russia’s Perm region, Russian authorities and local media have said.
Power has been fully restored to a neighbourhood in Berlin after an arson attack triggered a blackout that lasted more than four days — the second such incident in the city since September.
A U.S. immigration agent shot and killed a 37-year-old woman in her car in Minneapolis on Wednesday, local and federal officials said, amid an expanded immigration enforcement operation ordered by President Donald Trump.
Ukrainian President Volodymyr Zelenskyy has called on the United States to target Ramzan Kadyrov, the leader of Russia’s Chechnya region, with an operation similar to the recent U.S. action that captured Venezuelan President Nicolás Maduro.
U.S. President Donald Trump said he will stop defence contractors from paying dividends or buying back shares until weapons production speeds up, criticising the industry for delays and high costs.
U.S. Secretary of State Marco Rubio said he will meet Danish leaders next week, signalling that Washington is not retreating from President Donald Trump’s stated goal of acquiring Greenland, despite mounting concern among European allies.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment