"Ready To Pay Personal Price": PM's Strong Message Over Trump Tariffs | Live Updates
This was PM Modi's first response after US President Trump announced 25 per cent additional tariff on Indian exports
Donald Trump yesterday announced an extra 25 per cent tariff on Indian exports as 'penalty' for New Delhi continuing to import Russian crude oil. Earlier, US had imposed 25 per cent tariffs on Indian exports on July 20.
With the total tariffs on Indian exports to the US rising to 50 per cent, the Ministry of External Affairs responded that the US targeting India over Russian oil imports is "unfair, unjustified, and unreasonable".
"We have already made clear our position on these issues, including the fact that our imports are based on market factors and done with the overall objective of ensuring the energy security of 1.4 billion people of India. It is therefore extremely unfortunate that the US should choose to impose additional tariffs on India for actions that several other countries are also taking in their own national interest," it said, stressing that India "will take all actions necessary to protect its national interests".
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