New Delhi, Aug. 7 -- Azad Samaj Party President and MP Chandrashekhar Azad on Thursday said that the country's economy and industrialists will suffer due to the imposition of an additional 25 per cent tariff by US President Donald Trump on India for purchasing Russian oil.

Speaking to ANI outside parliament, Azad called for a solid solution to the issue.

"This will cause losses to our economy and industrialists because if a product costing Rs 1000 will cost Rs 1500, sales will decrease, and hence the industrialists will suffer. The GoI should think of a solid solution on this... If our foreign policy is strong, no nation will take such steps against us," he said.

On Wednesday, US President Donald Trump signed an Executive Order imposin...