In a resolute address on August 15, 2025, Indian Prime Minister Narendra Modi emphasized India's unwavering commitment to safeguarding the interests of its farmers, fishermen, and livestock keepers amid escalating trade tensions with the United States. Addressing the nation from the Red Fort on Independence Day, Modi declared, "For us, the interest of our farmers is our top priority. India will never compromise on the interests of farmers, fishermen, and dairy farmers."

This statement came in response to the U.S. administration's decision to impose a 25% punitive tariff on Indian goods, citing India's continued purchase of Russian oil as a primary factor. The additional tariffs, which brought the total duties on Indian exports to 50%, have raised concerns about potential economic repercussions for India.

Modi acknowledged the personal and diplomatic costs of his stance but reaffirmed his commitment to protecting India's agricultural backbone. He stated, "I know personally, I will have to pay a heavy price for it, but I am ready for it. India is ready for it."

In the face of these challenges, the Indian government is preparing a relief package to support exporters affected by the U.S. tariffs. The package aims to provide targeted support, including credit guarantees for loans overdue by up to 90 days, to assist small businesses and exporters in sectors such as textiles, jewelry, footwear, chemicals, and seafood.

Despite the escalating trade tensions, both India and the U.S. have expressed a desire to resolve their differences through dialogue. U.S. President Donald Trump has indicated plans to speak with Prime Minister Modi in the coming weeks, expressing optimism about finalizing a trade deal that benefits both nations.

As the situation develops, India's steadfast commitment to its farmers and the broader agricultural community remains a central focus, with the government taking proactive measures to mitigate the impact of external pressures and ensure the nation's economic stability.