By: Ẹniọlá Amadu
India’s Foreign Minister, Subrahmanyam Jaishankar, has reaffirmed that trade talks with Washington remain ongoing.
He stressed that New Delhi will not compromise on its core economic interests.
His remarks came just days before a new round of U.S. tariffs on Indian goods is due to take effect.
“Right now, there are issues; it’s pretty open. But it’s not like we haven’t had issues before. However, other parts of the relationship are strong,” he said.
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Speaking at an Economic Times forum in New Delhi, Jaishankar added that India would remain steadfast in protecting key sectors, with a strong focus on farmers and small producers.
“We, as a government, are committed to defending the interests of our farmers and our small producers. We are very determined on that. That’s not something we can compromise on.”
Indian exports face additional levies of up to 50% due to New Delhi’s increased purchases of Russian oil.
A 25% tariff is already in force, with another 25% scheduled for August 27.