‘Necessary Steps Will Be Taken To Protect Nation’s Interests’: Govt On Trump’s 25% Tariff Bomb | India News

New Delhi: After US President Donald Trump announced a 25% tariff on Indian exports, after India was announced in connection with Russia’s energy agreements, Birlik Trade and Industry Piyush Goyal said, “The government will take all the necessary steps to protect the interests of the nation.”

During his speech at Lok Sabha, Puussh Goyal said, “… On April 2, 2025, the US President, since April 5, 2025, a 10% executive order on a basic tariff. 90 days was extended at the beginning and then extended to August 1, 2025.”

Goyal, the government examined the impact of recent events and “Ministry of Commerce and Industry, exporters, industries and all stakeholders interviews and collected information about the evaluations on this issue. The government, farmers, workers, entrepreneurs, industrialists and stakeholders are given great priority.”

#WRISTWATCH | USA Tariffs | Union Trade and Industry Minister Piyush Goyal, “The government is examining the impact of recent events … We will take all the necessary steps to protect our national interests.”

“The government is examining the effect of recent events. pic.twitter.com/c6rhfirri5– Ani (@ani) 31 July 2025

“In March 2025, India and the United States began to meet for a fair, balanced and mutual beneficial bilateral trade agreement (BTA). This was to end the first stage of the agreement until October-November 2025 …” he added.

“In less than a decade, India has come out of the ‘fragile’ economy and now become the fastest growing economy in the world. We are based on the hard work of reforms, farmers, MSMEs and industrialists, and we have come to the world’s largest economy.

On Wednesday, US President Donald Trump announced that India was called “friends”, but will be subjected to 25% tariffs in exports with additional penalties for the purchases of Russian oil and military equipment. Measures will come into force as of August 1st.

Trump, who socially publishes the truth, said, “Even though India has been our friend, we have done relatively less work with them for years because their tariffs are very high-and any of the most strenuous and unreasonable trading barriers of any country among the highest levels in the world.”

He also criticized India’s defense and energy ties with Moscow and said, “India bought the majority of its military equipment from Russia and remained as Russia’s largest energy buyer at a time when the global community wanted Russia to stop killing in Ukraine.”

In a separate article, Trump emphasized that the deadline for August 1 is “strong and not expanded”.

In response to the announcement, the Ministry of Commerce and Industry said that the Indian government noted that the US President of the US reported about bilateral trade.