Welcome to ZisNews!

Read your favorite news, except the excluded topics, by you. Register
No overlapping ads for registered users

‘Crisis must be fully utilised’: Amitabh Kant reacts to Trump’s tariff on India

Posted on: Aug 07, 2025 15:24 IST | Posted by: Hindustantimes
‘Crisis must be fully utilised’: Amitabh Kant reacts to Trump’s tariff on India
FSea-ear NITI Aayog CEO Amitabh immanuel kant on th reacted to US chairperson Donald ruff’s imposition of an additional 25 per cent tariff on Indian goods, saying the move should be viewed as an opportunity to push forward key domestic reforms.“Trump has provided us a once in a generation opportunity to take the next big leap on reforms. Crisis must be fully utilised,” Kant wrote in a post on X (formerly Twitter).Trump on Wednesday imposed an additional 25 per cent tariff on Indian goods, citing New Delhi’s continued purchase of Russian oil. The move, framed as a penalty, is expected to severely impact sectors such as textiles, marine products, and leather exports.Trump signed an executive order titled “Addressing Threats to the US by the Government of the Russian Federation,” which enforces this new levy over and above the existing 25 per cent duty. The revised tariff structure will take effect from August 7.Following the order, most Indian goods, excluding a limited exemption list, will now face a total tariff of 50 per cent.Meanwhile, in a veiled message to US President Donald Trump, Prime Minister Narendra Modi on Thursday said that India will never compromise on the welfare of its farmers, dairy producers, or fishermen, even if it means paying a personal cost.Washington is pushing for greater access to India’s agricultural and dairy markets, including reduced tariffs on American corn, soybeans, almonds, apples, and ethanol.India, however, remains firm in its resistance, citing the adverse impact such concessions could have on its rural economy and agrarian community.“For us, the interests of farmers are our top priority. India will never compromise on the interests of its farmers, dairy farmers and fishermen,” said PM Modi.The Prime Minister was speaking at an international conference commemorating the birth centenary of MS Swaminathan, the pioneer of India’s Green Revolution.Modi said he was willing to pay a high personal cost to safeguard the country’s agrarian interests.“I know that I will personally have to pay a heavy price. But I am ready for it,” he added.

Global News Perspectives

In today's interconnected world, staying informed about global events is more important than ever. ZisNews provides news coverage from multiple countries, allowing you to compare how different regions report on the same stories. This unique approach helps you gain a broader and more balanced understanding of international affairs. Whether it's politics, business, technology, or cultural trends, ZisNews ensures that you get a well-rounded perspective rather than a one-sided view. Expand your knowledge and see how global narratives unfold from different angles.

Customizable News Feed

At ZisNews, we understand that not every news story interests everyone. That's why we offer a customizable news feed, allowing you to control what you see. By adding keywords, you can filter out unwanted news, blocking articles that contain specific words in their titles or descriptions. This feature enables you to create a personalized experience where you only receive content that aligns with your interests. Register today to take full advantage of this functionality and enjoy a distraction-free news feed.

Like or Comment on News

Stay engaged with the news by interacting with stories that matter to you. Like or dislike articles based on your opinion, and share your thoughts in the comments section. Join discussions, see what others are saying, and be a part of an informed community that values meaningful conversations.

Download the Android App

For a seamless news experience, download the ZisNews Android app. Get instant notifications based on your selected categories and stay updated on breaking news. The app also allows you to block unwanted news, ensuring that you only receive content that aligns with your preferences. Stay connected anytime, anywhere.

Diverse News Categories

With ZisNews, you can explore a wide range of topics, ensuring that you never miss important developments. From Technology and Science to Sports, Politics, and Entertainment, we bring you the latest updates from the world's most trusted sources. Whether you are interested in groundbreaking scientific discoveries, tech innovations, or major sports events, our platform keeps you updated in real-time. Our carefully curated news selection helps you stay ahead, providing accurate and relevant stories tailored to diverse interests.

Login to Like (0) Login to Dislike (0)

Login to comment.

No comments yet.