"... 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.
Former senior diplomat Mahesh Sachdev said US tariffs on Indian goods are a "serious setback but not exactly a disaster," warning textiles, gems, jewellery, and seafood exports will be hit hardest, while leather and footwear face limited impact.
While speaking to ANI regarding the implementation of a 50 per cent US tariff in India, he said, "The 50 per cent tariff that will be implemented in India will most affect those industries, which provide the highest employment opportunities in our country. It is unfortunate that after Pre
Former MoS MJ Akbar criticized the US 50% tariff on India, questioning why Germany and China face no similar measures. He said the tariffs will minimally affect India's trade, weaken the US, and noted India-China ties have strengthened, shifting global focus from Washington to the SCO summit
Following Washington's 50 per cent tariffs on Indian goods coming into effect earlier on Wednesday, US National Economic Council Director Kevin Hassett noted India's "intransigence" to open its markets to American products while describing the current India-US relationship as a "complicat
Rajasthan Minister Jogaram Patel expressed strong confidence in India's economic resilience in the wake of the 50% tariffs imposed by the United States on Indian exports, effective today.