''Will Take Steps To Secure National Interest": India's Response To US Tariff

In its first response after Donald Trump's surprise announcement of a 25% tariff on goods exported to the US from India, plus a "penalty", the Centre has said it is studying the implications of the move and will take all steps to "secure our national interest". In a measured statement, in contrast to Mr Trump's bombast, the Ministry of Commerce and Industry said it has taken note of the announcement and stressed that India remains committed to negotiating a fair bilateral trade agreement with the United States. It also noted that negotiations on the trade deal have been going on for months. "The Government has taken note of a statement by the US President on bilateral trade. The Government is studying its implications. 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.