India Ready to Pay the Price: PM Modi on US Tariff Hike on Indian Exports

Amid growing concerns over a sharp hike in tariffs on Indian goods by the United States, Prime Minister Narendra Modi on Thursday affirmed that India will never compromise on the interests of its farmers, even if it leads to economic challenges.

Speaking at the MS Swaminathan Centenary International Conference in Delhi, PM Modi said: "For us, the interest of our farmers is our top priority. India will never compromise on the interests of farmers, fishermen and dairy farmers. I know we will have to pay a heavy price for it, and I am ready for it. India is ready for it."

His strong remarks come a day after US President Donald Trump announced an additional 25% tariff on Indian exports, raising concerns about a potential trade fallout that could hit key sectors.

MEA Slams US Tariff Move
In response, the Ministry of External Affairs (MEA) issued a sharply worded statement, calling the US decision "extremely unfortunate." The ministry said such unilateral moves are "unfair, unjustified, and unreasonable," especially when many countries take similar decisions based on domestic needs.

The MEA further emphasized that India's imports are determined by market dynamics and national priorities like energy security for 1.4 billion people. It reiterated that India will take all necessary steps to protect its economic interests.

The sudden imposition of new tariffs has triggered debate across India regarding the broader implications for its bilateral trade relationship with the US. Experts believe the tariff hike reflects growing economic pressure from the US over India's independent energy and trade policies.

With both countries at a critical juncture, the developments underline deepening geopolitical complexities and how strategic choices-especially around trade and national interest-are reshaping global alliances.