Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content.
Read original
🎙️ Voice is AI-generated. Inconsistencies may occur.
India’s Prime Minister Narendra Modi has responded to President Donald Trump increasing tariffs on certain Indian goods to 50 percent.
“I know I’ll have to pay a heavy price, but I’m ready. India is ready,” Modi said, according to Indian media.
It came after Trump issued an executive order on Wednesday hitting the country with an additional 25 percent tariff for its continued purchasing of Russian oil, increasing overall duties on certain exports to 50 percent. The new tariffs will start from August 27.
This is a developing story. More to follow.
Newsweek is committed to challenging conventional wisdom and finding connections in the search for common ground.
Read the full article here
