The AAP leader alleged that the Union Government has decided to remove the 11 per cent duty on the cotton coming from the US. Kejriwal mentioned that due to the 11 per cent duty on US cotton, the cotton of Indian farmers used to sell easily in the Indian market.
To give relief to the textile sector from the US tariffs, the Central Government on Thursday announced to extend the exemption of import duty on cotton till December 31, 2025. The move is aimed at ensuring adequate availability of cotton for the domestic textile industry, according to a M
Tamil Nadu Chief Minister MK Stalin on Thursday reiterated his demands to the Centre for immediate relief and structural reforms to safeguard industries and workers as US tariff hike to 50% has hit Tamil Nadu's exports hard, especially Tiruppur's textile hub.
Dubey criticised the Indian government for remaining inactive in addressing this issue, emphasising the need for the government to engage in diplomatic efforts with the US to resolve the matter.
Former NITI Aayog CEO and India's ex-G20 Sherpa Amitabh Kant has said that the latest tariff measures by US President Donald Trump should serve as a "wake-up call" for India.
"... When we boycott their products, they will suffer losses from that... In the current situation, it is necessary that we stop using American products... We must do this as soon as possible..." Prasad told ANI.
Yoga guru Ramdev has urged Indian citizens to boycott American companies and brands as a reaction to the US imposing 50% tariffs on Indian imports. He termed the US's action political bullying, hooliganism and dictatorship.
"The Indians are so arrogant about this. They say, oh, we don't have higher tariffs. Oh, it's our sovereignty. We can buy oil from anyone we want. India, you're the biggest democracy in the world. Okay? Act like one. Side with the democracies," he said in the interview.
White House Trade Advisor Peter Navarro referred to the Russia-Ukraine conflict as "PM Modi's war," criticising India for purchasing discounted crude oil from Moscow.
The immediate impact of the recently imposed US tariffs on Indian exports may appear limited, but the secondary and tertiary effects on the economy pose significant challenges that must be addressed, highlighted a report by the Department of Economic Affairs under the Ministry of Finance.
House Foreign Affairs Committee Democrats criticised Trump for targeting India with tariffs over Russian oil while sparing bigger buyers like China, calling it unfair and harmful to US-India ties, and questioning if the move is truly about Ukraine.