Indian Prime Minister Narendra Modi said he would not receive a disadvantage for the interests of the country's farmers, even if you had to pay a high price. According to Reuters, these were his first public statements after US President Donald Trump gave increased tasks for Indian goods to reach 50 %.
Trade negotiations between these countries have failed after five rounds of disagreements about the discovery of India's large agricultural and milk fields and the situation with Russian oil procurement, reminding the agency, note that Modi did not mention the situation on Thursday.
India will never compromise in the problems of farmers, dairy and fishermen. And if you have to pay a high price for this, I am ready, he said.
Earlier, the Indian Foreign Ministry said that the introduction of additional tasks, as expected to directly affect more than half of the country's supply of goods into the US market, is an unfair and unreasonable destruction measure.
On August 7, the morning transactions with a sharp decline began in the Indian stock market: Sensex index of the Bombay Stock Exchange lost 335.71 points, reaching 80.208.28 and Nifty fell 114.15 points, to 24,460.05.