Hours before the U.S. enforces punitive 50% tariffs on India, the Modi government is striking a defiant tone. New Delhi is preparing targeted relief packages for farmers, small industries, and exporters most exposed to the trade war. The RBI has already stepped in—cutting repo rates and ensuring liquidity—to cushion the blow. While Washington uses tariffs to pressure India over Russian oil imports, New Delhi has pushed back, with EAM S. Jaishankar stressing that Europe and America themselves buy
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'Increasing strength...': PM Modi rips Trump, warns India won’t bow to 50% tariffs rather rise stronger PM Modi fired back at Donald Trump’s tariff threat. He said India will grow stronger under pressure. He also hailed Atmanirbhar Bharat as India’s shield of power. “Economic politics won’t break us,” Modi declared. PM Modi signalled it won’t bow to 50% U.S. tariffs. #pmmodi #modi #trump #india #usa #trumptariffs | The Times of India
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