Hours after US President Donald Trump announced a 25 per cent tariff “plus a penalty” on Indian goods, the government responded, saying it had taken note of the statement and was studying its implications.
Responding to the post, the Government of India said in a statement: “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.
” Reiterating its priorities, the statement said: “The Government attaches the utmost importance to protecting and promoting the welfare of our farmers, entrepreneurs, and MSMEs.”