Hours after US President Donald Trump announced a 25% tariff on Indian goods, New Delhi said it would take firm steps to secure the interests of farmers, entrepreneurs, and MSMEs, while continuing to engage in trade negotiations with Washington D.C.
“India and the US have been engaged in negotiations on concluding a fair, balanced and mutually beneficial bilateral trade agreement over the last few months. We remain committed to that objective,” India said in a statement.
India said that while opening up its markets to foreign players, it remains sensitive to safeguarding the interests of domestic players, citing the recently concluded Free Trade Agreement signed with the UK.
