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 livestock keepers, despite escalating trade tensions with the United States. Modi's remarks came in response to the U.S. imposing a 25% tariff on Indian goods, a move that raised the total duties on Indian exports to 50%.
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. administration's decision to impose tariffs was partly in response to India's continued purchase of Russian oil, a move that has strained bilateral relations. In retaliation, India has initiated consultations with exporters, industry bodies, and relevant stakeholders to assess the potential impact of the new U.S. trade actions and to formulate an effective response strategy.
Modi's strong stance underscores India's determination to protect its agricultural sector and maintain economic sovereignty, even at the risk of personal and diplomatic costs. His commitment reflects a broader strategy to bolster domestic industries and reduce dependence on foreign imports, aligning with the "Atmanirbhar Bharat" initiative.
As the trade standoff continues, both nations are engaged in ongoing negotiations to resolve the disputes. U.S. President Donald Trump has expressed optimism about reaching a favorable trade deal with India, indicating a potential shift towards a more positive tone in bilateral relations.
The outcome of these negotiations will significantly influence the future of India-U.S. trade relations and the global economic landscape. India's steadfast commitment to its farmers and domestic industries highlights the nation's resilience and strategic approach to navigating complex international trade dynamics.
