New Delhi stresses any punitive action from the US based on these grounds is unfair and biased
NEW DELHI – India has strongly reacted to the United States’ decision to impose an additional 25 percent tariff on India n goods, calling the move unjustified, unnecessary, and disappointing. In a statement issued by the India n Ministry of External Affairs, New Delhi made it clear that it will take all necessary steps to safeguard its national interests.
The ministry expressed regret over Washington’s decision, saying such actions do not align with the principles of fair trade. According to the statement, India believes the US is targeting it due to its continued oil purchases from Russia – a move that has long been under Washington’s scrutiny. However, India reiterated that it has already laid out its position on the matter and has acted in line with its own energy needs and strategic autonomy.The development marks another bump in the road for Indo-US trade relations, which have seen rising tensions in recent months. While both sides have often emphasised the importance of mutual cooperation, the fresh tariff move is likely to fan the flames of economic friction between the two countries.FBR extends deadline for June 2025 sales tax returnsPakistan and Turkiye conclude first bilateral amphibious naval exerciseWife of South Korea's ousted ex-President Yoon appears for questioning over corruption allegationsPTI Workers Arrested 5 August Protest Imran Khan Adiala Jail
پاکستان تازہ ترین خبریں, پاکستان عنوانات
Similar News:آپ اس سے ملتی جلتی خبریں بھی پڑھ سکتے ہیں جو ہم نے دوسرے خبروں کے ذرائع سے جمع کی ہیں۔
Trump says US to impose 25pc tariff on India from Aug 1Unspecified penalties for buying Russian energy
مزید پڑھ »
Markets dive after Trump hits more countries with steep tariffsMarkets dive after Trump hits more countries with steep tariffs
مزید پڑھ »
Trump says to raise tariff on India over Russia oil purchasesPresident Donald Trump threatened Monday to 'substantially' hike US tariffs on goods from India over its purchases of Russian oil -- a key source of revenue for Moscow's war on Ukraine.
مزید پڑھ »
Next 24 Hours Crucial for Indian Economy as Trump Announces Plan to Impose More TariffsU.S. President Donald Trump has announced that the United States will impose additional tariffs on India within the next 24 hours
مزید پڑھ »
President Trump issues second warning to India within 24 hoursDonald Trump has issued a second warning to India within 24 hours, announcing plans to impose additional tariffs on Indian goods
مزید پڑھ »
Missed signals, lost deal: How India-US trade talks collapsedIndia scaled back expectations after the US signed trade deals with Japan, and the European Union
مزید پڑھ »