India faces an additional 25% tariff from the United States, a move the government is prepared to counter. Officials have held meetings with exporters from sectors like textiles, apparel, leather, and shrimp, which anticipate significant impacts. The development comes as US President Donald Trump promotes his ‘America First’ policy, with a poster featuring an oil barrel seen as a reference to the India-Russia oil deal. The Modi government has given assurances of its support for Indian farmers and stated it will not yield to pressure. While a bilateral trade agreement by October or November is a possibility, India’s stance is firm. The Minister of External Affairs reiterated that India is open to a trade deal, but it "needs to be a two-side effort and not a lopsided win." #ustariffs #indiausrelations #tradewar #itwebvideos #donaldtrump #narendramodi #americafirst #indiafirst #indianeconomy #exports #farmers #geopolitics #tradedeal #oildeal #indiarussia #internationaltrade
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