US
President Donald Trump has recently announced to increase import duty on Indian
goods up to 50 percent. Trump’s announcement is being discussed at various
levels on international platforms. Prime Minister Narendra Modi has reacted to
this US sanction in very clear terms. “I will never compromise with the
interests of India’s farmers, animal husbandry sector and the fishermen”, with
this response, Prime Minister Modi has sent a direct message to the whole world
that India will not bow to anyone’s pressure. India’s oil purchase from Russia
in international trade is an objectionable issue for the US.
The
US insists that India should not buy oil from Russia. The Indian Ministry of
External Affairs has given a blunt reply to the Trump administration by
releasing the details of the US’s purchase from Russia. The Trump
administration has decided to impose a 50 percent import duty on Brazil along
with India.
While
discussing the sanctions imposed on India by a superpower like America, the
message that the central government will not compromise with India’s interests
has been given very calmly without any fuss. Industrialists like Anand Mahindra
and Harsh Goenka have openly supported this stance of the Modi government. The
picture that has emerged on this occasion is that the entire nation has decided
not to bow down to America.
America
has used its economic empire to impose sanctions on India many times before. In
the very recent past, i.e. in 1998, after the Pokhran test, the then Bill
Clinton administration had imposed sanctions on India. Even then, the National
Democratic Alliance government led by Atal Bihari Vajpayee had not bowed down
to America.
As
India has become a significant player in the global political scene, various
powers have consistently attempted to corner it over the last 11 years. Despite
these efforts, there are no signs of India’s development momentum slowing down.
As a result, pressure tactics such as increasing import restrictions are now
being employed.
Donald
Trump’s recent language towards India has become extremely ugly and derogatory.
Prime Minister Modi has preferred to respond to this language with calm actions
rather than aggressive responses. After India’s strong response to the Pahalgam
massacre in the form of ‘Operation Sindoor’, the US’s stance has suddenly
become anti-India.
Donald
Trump had often boasted that he himself intervened to stop the conflict between
India and Pakistan and brokered the ceasefire. Prime Minister Narendra Modi has
also responded to that as well in a very moderate language.
The
Indian Ministry of External Affairs has given a befitting reply to Trump, who
announced that he is increasing import duty on India to 50 percent in order to
stop the purchase of oil from Russia. The Indian Ministry of External Affairs
has shown evidence that the US and the European Union are still trading with
Russia.
The
Trump administration is trying to penetrate a huge market like India. There is
an insistence on opening up India’s agricultural sector to US imports.
The
Trump administration is also trying to ensure that there is a large amount of
American investment in the sectors of animal husbandry, dairy farming, and
fishing. The Trump administration is taking an insistent stance to bring
genetically modified crops (GM crops), corn, wheat, and ethanol to India, which
can impact Indian agricultural sustainability. The ongoing trade negotiations
between the two countries have made it clear what America is fighting for.
That
is why Prime Minister Narendra Modi has given a clear message to the Trump
administration that he will never compromise with the interests of Indian
farmers, and that he is ready to pay any price for it.
India
is getting crude oil from Russia at a discounted rate, which is benefiting the
country, that is why we have been buying crude oil from Russia for the last 3
years. Even after the war with Ukraine, European countries have not stopped
buying oil from Russia. America’s duplicity has been proven by imposing a mere
15 percent import tax on European countries that buy oil from Russia and a 50
percent import tax on India.
Trump
has vented his disgust with India by stating that India’s economy is dead.
Every person in India has a debt of Rs 4.8 lakh. In a country like America,
there is a debt of 90 thousand 400 dollars per person which is about 80 lakhs.
The Trump administration, which is striving to maintain its dominance in the
global trade arena, has started a vigorous attempt to put pressure on India by
increasing import tariffs.
The
Trump administration has announced the increase in import duties even as trade
talks between India and the US continue. One could say that the Trump
administration, which is under the illusion that India will succumb to its
pressure tactics, has clearly not understood the Modi government.
The
industry and trade sector of the country is firmly behind the Modi government.
In the last 11 years, the Modi government has focused on increasing domestic
production in the sectors of defence, automobiles, electronics, and medicines
to implement the concept of ‘self-reliant India’. In the last 11 years, India’s
imports have been decreasing step by step and exports have been increasing
significantly. While building trade relations, the role of ‘national interest
is paramount’ will be maintained as a priority. This is the true identity of
the new India.
(Article
Pre-Published in Times of India Online – 11 August,
2025)
Keshav
Upadhye, Chief Spokesperson
No comments:
Post a Comment