New Delhi: Prime Minister Narendra Modi has assured that India will not bow to any trade demands that hurt farmers, livestock rearers, or fishermen. Speaking from the Red Fort on the 79th Independence Day, he said he is “standing like a wall” to protect their interests.
His remarks come as India and the US are negotiating a Bilateral Trade Agreement (BTA), where Washington is pushing for reduced tariffs in agriculture and dairy sectors.
US Tariff Pressure on India
The US has recently raised tariffs on Indian goods to 50 percent, with the new rates coming into effect on August 27. Currently, Indian goods already face an extra 25 percent duty in the American market.
PM Modi Exclusive: Unfolding India's G20 Vision For One Earth, One Family & One FuturePresident Donald Trump’s administration is also seeking greater access for US agricultural exports to India, including corn, soybeans, apples, almonds, ethanol, and dairy products.
India’s Firm Resistance
India has firmly opposed these demands, saying they could harm millions of people who depend on farming, fishing, and livestock rearing for their livelihood. New Delhi has pointed out that it has never offered such tariff concessions to any country, including Australia and Switzerland, despite signing trade agreements with them.
Modi stressed that protecting the agricultural sector is not negotiable and that policies threatening local farmers and related communities will be blocked.
You may also like
UAE: ICC Chairman Jay Shah visits Abu Dhabi's BAPS Hindu Mandir
BSF Recruitment 2025: Government job along with serving the country, an opportunity to get a salary up to Rs 81000 in BSF
Alzheimer's and dementia can be treated with the help of cats; scientists have discovered a strong connection.
Astro: Are you planning a trip in the next 3 days? Then people of these zodiac signs should be cautious..
YouTube: With the help of AI, YouTube search has become smarter, but only some special users will be able to take advantage..