India Vows Strong Measures After Trump Imposes 25% Tariffs on Indian Exports - News Flash

Breaking

Wednesday, July 30, 2025

India Vows Strong Measures After Trump Imposes 25% Tariffs on Indian Exports

News Flash
30 July

Tariffs hit key Indian sectors including automobiles, steel, and smartphones; the government cites FTA with the UK as an example of balancing trade and domestic interests


New Delhi: In a swift response to US President Donald Trump’s announcement of 25% tariffs on several Indian goods, the Indian government has said it will take “all necessary steps” to protect the interests of Indian farmers, entrepreneurs, and Micro, Small and Medium Enterprises (MSMEs).


The new tariff regime will impact a wide range of Indian export sectors including automobiles, auto components, steel, aluminium, smartphones, solar modules, marine products, gems and jewellery, and certain agricultural and processed food items. Notably, sectors such as pharmaceuticals, semiconductors, and critical minerals have been excluded from the tariff list.

"The government attaches the highest importance to protecting and promoting the welfare of our farmers, entrepreneurs and MSMEs. The government will take all necessary steps to protect our national interests." A government spokesperson stated.

India emphasized that while it remains committed to engaging in constructive trade talks with the US, it will not compromise on safeguarding domestic industries. Officials pointed to India’s recent Economic and Trade Agreement with the UK as an example of balancing foreign market access with national economic priorities.


Economists say that the situation may open up new economic opportunities for India. As global supply chains undergo restructuring due to changing geopolitics, experts believe India could benefit by strengthening trade ties with alternative markets and pushing for internal reforms.


India reiterated that it is open to global trade, but equally determined to protect its domestic stakeholders amid growing external pressures from aggressive trade policies.

No comments:

Post a Comment

Pages