Bilateral relations between India and the US have deteriorated, marked by Trump's imposition of a 25 percent tariff on Indian imports due to the country's oil purchases from Russia. Experts note that US-India relations are at their lowest in decades. Modi has publicly stated that India will prioritize purchasing domestically made goods despite pressure from the US regarding Russian oil. Analysts believe India's strategic stance remains firm, emphasizing the importance of maintaining autonomy in foreign policy amidst growing challenges with the US.
The world economy is going through many apprehensions. There is an atmosphere of instability, Modi said. Now, whatever we buy, there should be only one scale: we will buy those things which have been made by the sweat of an Indian.
Dozens of other countries, including neighbours India has tense ties with, such as Pakistan and Bangladesh, are facing lower tariffs.
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