Srinagar, July 30 -- The government, an official statement said, will take all necessary steps to secure the country's national interest, as has been the case with other trade agreements, including the latest with the UK.

Trump announced the imposition of a 25 per cent tariff on all goods coming from India, plus an unspecified penalty for buying military equipment and crude oil from Russia.

"The Government has taken note of a statement by the US President on bilateral trade. The Government is studying its implications," the statement said.

It added that India and the US have been engaged in negotiations on concluding a fair, balanced and mutually beneficial bilateral trade agreement over the last few months.

"We remain committed to th...