India Reacts to US Tariff Hike: PM Modi Holds Meeting

India Responds to US Tariff Hike: PM Modi to Convene Meeting

Due to technical difficulties, the full article content is unavailable. However, preliminary reports indicate that Prime Minister Modi will be holding a critical meeting to discuss the ramifications of the recently announced tariff increases by the United States.

The meeting will likely involve key economic advisors and trade officials to assess the potential impact on Indian industries and formulate a comprehensive strategy to mitigate any adverse effects. Trade negotiations and potential countermeasures are expected to be key topics of discussion.

Possible Outcomes of the Meeting

While the specifics of the agenda remain confidential, it is anticipated that the meeting will explore various options, including:

• Diplomatic negotiations with the United States.
• Diversification of export markets.
• Implementation of retaliatory tariffs.
• Support measures for affected domestic industries.

The outcome of this meeting will be crucial in shaping India's trade policy and its relationship with the United States.