CENTRE IN HOUSE SEEKS TO ALLAY CONCERNS ABOUT US TARIFF

The government attaches utmost importance to protecting and promoting the welfare of farmers, exporters, workers, entrepreneurs, MSMEs and all sections of industry, says Commerce and Industry Minister Piyush Goyal

- AGENCIES

India will take all necessary steps to safeguard and promote national interest, Commerce and Industry Minister Piyush Goyal said on Thursday, a day after US President Donald Trump announced 25 per cent tariffs plus a penalty on domestic exports to America from August 1.

In a suo motu statement in both the houses of Parliament, he said the government is examining the implications of these tariffs and is engaged with all stakeholders including exporters and industry for taking feedback of their assessment of the situation.

"The government attaches the utmost importance to protecting and promoting the welfare of our farmers, workers, entrepreneurs, exporters, MSMEs and all sections of industry. We will take all necessary steps to secure and advance our national interest," he said.