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".
"Donald Trump has ditched this country... Prime Minister Narendra Modi went to the US to campaign for him and what did we get in return? It is a huge tragedy in this country... The government of India should stand up to such nonsense... Donald Trump is questioning the sovereignty of India by
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.
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.