Speaking to the reporters, Ashok Chavan said, "... I dont think President Trump's decision comes after a consensus or a mutual discussion. Our Minister of Commerce was in regular touch with the US administration... Any scope of appeal or discussion must be duly addressed so that India doesn'
While some trade and industry leaders warned of short-term disruptions, others expressed confidence that India's strong manufacturing base, especially in sectors such as pharmaceuticals and medical equipment, would help it withstand the impact and forge new trade partnerships.
Terming the move by US President Donald Trump to impose 25 per cent tariffs on India on as a "setback for the country", Congress leader Jairam Ramesh on Wednesday said that Prime Minister Narendra Modi "should not be scared" and "this is blackmail by the United States".
Following US President Donald Trump imposing 25 per cent tariffs on India from August 1, Shiv Sena (UBT) MP Priyanka Chaturvedi expressed that it was unfortunate that the trade deal is ongoing, and the President has announced trade tariffs. She demanded that the central government leaders
Industry association FICCI on Wednesday expressed disappointment over US President Donald Trump's decision to impose a 25 per cent tariff on Indian goods and said the move is unfortunate and will have a clear bearing on India's exports.
Following US President Donald Trump imposing 25 percent tariffs on India from August 1, including an additional penalty for buying energy and arms from Russia, Congress MP Ujjwal Raman Singh criticised the centre and said that India's foreign policy has failed, and now the economic policy
"Certainly, the Government of India will take cognisance of it. We have to wait and watch how the Government of India reacts to it. In my personal opinion, it is unfortunate." BJP leader Praveen Khandelwal said
Minutes after Donald Trump announced that India will have to pay, starting August 1, a 25 per cent tariff including an additional penalty for buying energy and arms from Russia, Congress leader Jairam Ramesh hit out at the government, saying all the praise by Prime Minister Narendra Modi
If US President Donald Trump imposes 20-25 per cent tariffs on India, as he threatened last evening, it will have a varied impact on different sectors, noted the founder of the Global Trade Research Initiative, Ajay Srivastava.