PM Modi says ready to pay 'heavy price' for welfare of farmers as trade war with US continues
agricultural interests
, as the country faces escalating trade tensions with the United States, further facing tariffs from Washington, as high as 50%.
Speaking at the MS Swaminathan Centenary International Conference, PM Modi said, 'India will never compromise on interest of farmers, fishermen and dairy farmers."
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Acknowledging the possible consequences of standing firm on domestic priorities, he added, 'Will have to pay a heavy price for this, but I am ready.'
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The remarks come amid a widening trade standoff after US President Trump imposed additional duties on Indian imports, citing India's continued oil trade with Russia. India has, for long, kept a toughened stance on extending duty concessions on agri products, dairy and GM foods in the proposed
bilateral trade agreement
(BTA) with the US.
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