New Delhi, August 26, 2025:
With the deadline for the newly announced US tariffs on Indian exports approaching, Prime Minister Narendra Modi has made a strong statement, asserting that India will not compromise on the interests of farmers, cattle rearers, and small-scale industries.
Addressing the growing concerns around the *50% tariffs imposed by the US, Modi acknowledged that international pressure on India could intensify. However, he stressed that the government is prepared to “bear everything” in order to protect the nation’s **agricultural and rural economy, as well as its *micro, small, and medium enterprises (MSMEs).
Modi Targets Opposition
The Prime Minister also hit out at the opposition, particularly the *Congress party, accusing it of making India overly dependent on foreign countries in the past. Modi emphasized that under his leadership, the country is pursuing a *self-reliant economic path (Atmanirbhar Bharat) to withstand global challenges.
The Tariff Issue
The U.S. administration, led by *Donald Trump, recently announced **50% tariffs on Indian exports, effective from **August 27, 12:01 AM. The move is largely seen as a response to India’s continued imports of *Russian crude oil, despite Washington’s repeated calls to cut down on such trade.
These new tariffs, which add to the existing *25% duties, are expected to impact multiple sectors including *textiles, steel, pharmaceuticals, and IT services. Economists warn that India’s exports to the U.S. may face significant strain, leading to higher production costs and reduced global competitiveness.
India’s Stand
Despite the challenges, Modi reaffirmed that India would not bow down to external pressures. “India will protect its farmers, small industries, and rural economy at all costs,” he said. The Prime Minister also hinted at strengthening India’s engagement with alternative markets in Asia, Africa, and Europe to reduce dependency on the United States.
What Lies Ahead?
Analysts believe that this latest development could trigger intense diplomatic negotiations between New Delhi and Washington. India may also consider approaching the World Trade Organization (WTO) to contest the tariff hike. Meanwhile, the government is expected to roll out domestic support measures for sectors most affected by the new U.S. trade restrictions.
Key Highlights:
- PM Modi says India will withstand pressure over U.S. tariffs.
- No compromise on farmers, cattle rearers, and MSMEs.
- Modi blames Congress for India’s past foreign dependency.
- U.S. tariffs (50%) on Indian exports effective August 27.
- Potential WTO dispute and new market strategies on the horizon.