New Delhi, July 31 -- A day after U.S. President Donald Trump imposed a 25% tariff on Indian exports and hinted at a "penalty" over India's continued energy purchases from Russia, Commerce Minister Piyush Goyal said the government is assessing the implications and will take all necessary steps to safeguard national interest.
Addressing both the Lok Sabha and the Rajya Sabha on Thursday, Goyal said the move is under detailed review and that all stakeholders - including exporters and industry - are being consulted.
Responding indirectly to Trump's criticism of India as a "dead economy," the minister highlighted India's economic progress.
Goyal informed Parliament that the U.S. President had issued an executive order on April 2 mandating ...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.