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. His remarks came shortly after U.S. President Donald Trump imposed a 25% tariff on Indian goods, citing India's continued purchase of Russian oil as the primary reason.
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, we will have to pay a heavy price for it, but I am ready for it. India is ready for it."
The U.S. tariffs, which took effect on August 6, 2025, have intensified the trade dispute between the two nations. The additional 25% levy on Indian exports is a punitive measure in response to India's ongoing imports of Russian oil, a move that has drawn criticism from Washington.
In response to the U.S. actions, India's Ministry of External Affairs issued a statement labeling the tariffs 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.
The escalating trade tensions have also led to a freeze in negotiations over a bilateral trade agreement between India and the U.S. A key sticking point has been Washington's push for broader access to India's agricultural markets—a demand that New Delhi continues to resist to protect domestic farming communities.
Despite the challenges, Prime Minister Modi remains steadfast in his commitment to India's farmers and the broader agricultural sector, signaling that the nation will not yield to external pressures that threaten its economic and social fabric.
