In a resolute address on August 7, 2025, Prime Minister Narendra Modi emphasized India's unwavering commitment to safeguarding the interests of its farmers, fishermen, and dairy farmers, despite escalating trade tensions with the United States. Modi's remarks came in response to the U.S. imposing an additional 25% tariff on Indian goods, a move that intensified the ongoing trade standoff between the two nations.

Addressing the MS Swaminathan Centenary International Conference in New Delhi, Modi stated, "For us, the interest of our farmers is our top priority. India will never compromise on the interests of farmers, fishermen, and dairy farmers. I know personally, I will have to pay a heavy price for it, but I am ready for it." This statement underscores India's determination to prioritize domestic agricultural interests over external pressures.

The U.S. tariffs were introduced as a punitive measure in response to India's continued importation of Russian crude oil, a decision that has strained bilateral relations. The Indian Ministry of External Affairs criticized the new trade penalties, labeling them "unjustified, unfair, and unreasonable." The ministry highlighted that India's energy imports, including those from Russia, are based on economic and strategic considerations aimed at ensuring affordable and reliable energy access for its 1.4 billion citizens.

In light of the escalating trade tensions, Prime Minister Modi has called for a renewed focus on self-reliance, urging citizens to support domestic industries by purchasing Indian-made products. This initiative aims to bolster the domestic economy and reduce dependence on foreign imports, aligning with the government's "Atmanirbhar Bharat" campaign.

Despite the challenges posed by the U.S. tariffs, India remains committed to its strategic partnerships and continues to engage in diplomatic efforts to resolve trade disputes. The government's focus on protecting the interests of its farmers and promoting self-reliance reflects a broader strategy to navigate the complexities of international trade while safeguarding domestic priorities.

As the situation develops, stakeholders across various sectors are closely monitoring the impact of these trade tensions on the Indian economy and its global trade relations. The government's response, emphasizing resilience and self-reliance, will play a crucial role in shaping India's economic trajectory in the coming years.