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 President Donald Trump's recent imposition of a 50% tariff on Indian goods, a move that has intensified bilateral trade disputes.
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, which took effect on August 27, 2025, were introduced as a punitive measure in response to India's continued imports of Russian oil. This decision has significantly impacted key Indian export sectors, including textiles, footwear, gems, and jewelry. In light of these developments, Modi has called for a renewed focus on self-reliance, urging citizens to support domestic industries by purchasing India-made products.
The Indian government's response to the U.S. tariffs has been firm. The Ministry of External Affairs criticized the new trade penalties, describing them as "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.
Despite the escalating trade tensions, both Modi and Trump have expressed a desire to maintain a positive bilateral relationship. In a recent meeting, U.S. Ambassador to India Sergio Gor noted the strong personal rapport between the two leaders and emphasized the importance of continued dialogue to resolve trade disputes.
As the situation develops, India remains committed to protecting the interests of its agricultural sector and is actively seeking strategies to mitigate the impact of U.S. tariffs on its economy. The government's focus on self-reliance and support for domestic industries reflects a strategic approach to navigating the challenges posed by international trade disputes.
