Donald Trump, India, Narendra Modi, South and Central Asia, Tariffs, Trump tariffs, US news, World news
Modi ready to ‘pay a heavy price’ as India seeks to resist Trump tariffs
Foreign ministry calls 50% levy ‘unjustified and unreasonable’ and accuses US of double standards
The Indian prime minister, Narendra Modi, has said he is ready to “pay a very heavy price” for resisting US attempts to dictate the country’s trade policies, as India took a defiant position in the wake of Trump’s punitive export tariffs.
In an executive order signed on Wednesday, Trump slapped India with an additional 25% tariff, in a move he described as punishment for continuing to purchase large quantities of Russian oil and “fuelling Russia’s war machine”. It came on top of a 25% tariff for Indian exports already announced by the US president.
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