India Stands Resilient Amid US Tariff Challenge
In response to the US imposing a 25% tariff on Indian goods, Indian MPs express confidence in PM Modi's leadership to find a solution. Criticizing the opposition, they stress national unity. The US also announced penalties for purchasing Russian crude. India's government is studying the situation for a prudent response.
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The Indian government faces a significant challenge following the US's announcement of a 25% tariff on Indian goods starting August 1. Despite the pressure, ruling NDA MPs expressed unwavering confidence in Prime Minister Narendra Modi's ability to address the issue effectively.
The lawmakers criticized opposition leaders for their remarks, accusing them of being too eager to welcome the US tariff move. They argued that in times like these, national unity should be prioritized over political differences.
With the US also imposing penalties for purchasing Russian crude oil, Indian officials are examining the implications carefully. The government reaffirmed its commitment to safeguarding national interests, hoping to secure a mutually beneficial trade agreement, similar to recent deals with the UK.
(With inputs from agencies.)
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