Centre Examining Impact Of 25% US Tariffs, Will Safeguard National Interest: Piyush Goyal News24 –
Union Minister of Commerce and Industry Piyush Goyal said the Centre is examining the impact of 25% US tariffs, and it will take all necessary steps to safeguard our national interest.
While speaking in the Lok Sabha, Goyal said, “Government is examining the impact of the recent events. We will take all necessary steps to safeguard our national interest.”
The minister said, “Government is examining the impact of the recent events. Ministry of Commerce and Industry is holding talks with exporters, industries and all stakeholders and gathering information on their assessment of this issue. Government gives utmost priority to the safeguarding of welfare of farmers, labourers, entrepreneurs, industrialists, exporters, MSMEs and stakeholders of the industrial sector. We will take all necessary steps to safeguard our national interest.”
#WATCH | US Tariffs | Union Minister of Commerce and Industry Piyush Goyal says, “Government is examining the impact of the recent events…We will take all necessary steps to safeguard our national interest.”
“Government is examining the impact of the recent events. Ministry of… pic.twitter.com/C6rHFIRRI5
— ANI (@ANI) July 31, 2025
He further asserted, “In March 2025, India and the US started talks for a just, balanced and mutually beneficial Bilateral Trade Agreement (BTA). The goal of this was to finish the first stage of the Agreement by October-November 2025.”
#WATCH | US Tariffs | Union Minister of Commerce and Industry Piyush Goyal says, “In March 2025, India and the US started talks for a just, balanced and mutually beneficial Bilateral Trade Agreement (BTA). The goal of this was to finish the first stage of the Agreement by… pic.twitter.com/NW1E7NMiwW
— ANI (@ANI) July 31, 2025
Goyal said, “On 2nd April 2025, the US President issued an executive order on reciprocal tariffs…10% baseline duty in effect since 5th April 2025. With a 10% baseline tariff, a total of 26% tariff was announced for India. Full country-specific additional tariff was scheduled to come into effect on 9th April 2025. But on 10th April 2025 this was extended initially for 90 days and then extended till 1st August 2025.”
#WATCH | US Tariffs | Union Minister of Commerce and Industry Piyush Goyal says, “…On 2nd April 2025, the US President issued an executive order on reciprocal tariffs…10% baseline duty in effect since 5th April 2025. With a 10% baseline tariff, a total of 26% tariff was… pic.twitter.com/f1aN8JHBt9
— ANI (@ANI) July 31, 2025