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'
Tewari described Trump's remarks as an unexpected acknowledgement of India's long-standing foreign policy principles, which date back to the country's first Prime Minister, Jawaharlal Nehru.
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".
Congress leader Jairam Ramesh said on Wednesday that Donald Trump imposing a 25 per cent tariff on India is a major setback for Prime Minister Narendra Modi and the country and that the US President cannot decide from where New Delhi will buy oil.
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
China on Wednesday responded strongly to the US suggestion that it will significantly raise tariffs if China continues to purchase Russian oil, saying "coercion and pressuring will not achieve anything."
This came soon 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.