India responds to Trump's 25 per cent import tariff
Trump also indicated an undefined penalty for India's significant energy and military purchases from Russia, despite India being considered a friend.
The Indian government, led by Prime Minister Narendra Modi, stated it is evaluating the implications of Trump's decision and will take necessary steps to secure its national interest.
This aggressive stance by Trump has dampened India's expectations of receiving preferential trade treatment compared to other Asian economies.
India continues to negotiate a "fair, balanced and mutually beneficial bilateral trade agreement" with the US, with agriculture and dairy remaining sensitive sticking points.
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