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'Economic Selfishness On The Rise': PM Modi Hits Back Amid Trump's 50% Tariff Hike On Indian Goods

freepressjournal.in -- Friday, August 15, 2025, 6:49:40 AM Eastern Daylight Time
Categories: U.S.–China Relations, Trade Policy & Tariffs, U.S.–Russia Relations
'Economic Selfishness On The Rise': PM Modi Hits Back Amid Trump's 50% Tariff Hike On Indian Goods

New Delhi: Prime Minister Narendra Modi on Friday, August 15, said that India would not bow to "economic selfishness" in the face of the United States' decision to double tariffs on Indian exports, insisting the country was "unstoppable" and must seize the moment to expand its share in global markets.

Speaking from the Red Fort on Independence Day, PM Modi warned that his government would not compromise on farmers' interests or accept any policies "detrimental" to them. His remarks came after US President Donald Trump announced an additional 25% duty on Indian goods on August 6, later doubling it to 50%, citing New Delhi's continued imports of Russian oil.

'Time To Prove Our Mettle' In Global Markets

Linking the current trade standoff to a broader economic mission, PM Modi urged traders and manufacturers to focus on lowering production costs and improving quality. "Daam kam, dum zyada (less price, higher quality) should be the mantra," he said, adding that "economic selfishness is on the rise" globally.

"This is the time to script history. We have to rule the world market... It is time to prove our mettle in global markets with quality products," he said. The Prime Minister also called on shopkeepers to display boards for 'Swadeshi' products, assuring that his government was open to policy changes to support domestic enterprise.

'Will Stand Like A Wall' For Farmers

Reiterating his support for the agricultural sector, PM Modi said, "Modi will stand like a wall for the farmers. I will not abandon my farmers. Farmers contribute a lot to our economy, they have made India top producer of several commodities." Officials said India had not conceded to US demands for greater access to its agriculture and dairy markets in ongoing trade talks.

India has condemned the US tariff escalation as "unfair, unjustified and unreasonable", warning of a likely impact on exports such as textiles, marine products and leather goods. Alongside Brazil, India will now face the highest US tariff rate of 50%. Russia, China and other nations have also criticised Washington's move, calling it illegal trade pressure.

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Opinion:

The recent remarks by Prime Minister Narendra Modi regarding the United States' decision to impose a 50% tariff on Indian goods encapsulate a significant moment in the ongoing saga of global trade tensions, particularly between the U.S. and emerging economies. Modi’s assertion that India would not succumb to "economic selfishness" is emblematic of a larger narrative that connects to historical resistance against imperialism and economic exploitation. The framing of trade disputes as battles against "selfishness" speaks to a global trend where nations are increasingly asserting their sovereignty against unilateral actions taken by dominant powers, a reminder of the post-colonial struggles for economic independence that many nations, including India, have faced throughout the 20th century.

Historically, the imposition of tariffs has been a tool for hegemonic nations to exert control over smaller economies, often at the expense of local industries and workers. The U.S. has a long history of using trade barriers to protect its interests, which often disproportionately affects developing countries. This current situation is reminiscent of the era of colonialism, where European powers imposed economic structures that favored their own markets while stifling local production and trade in colonized regions. For Modi to position India’s response as a stand against economic imperialism not only resonates with historical struggles but also invites discussions about the role of nations in a globalized economy. The emphasis on self-reliance, or "Atmanirbhar Bharat," reflects a broader movement toward economic sovereignty that many countries are now pursuing in the face of globalization's pitfalls.

Furthermore, Modi's commitment to farmers amidst this trade standoff highlights the critical role that agriculture plays in India's economy and the lives of its citizens. The Prime Minister's promise to "stand like a wall" for farmers is particularly poignant given the backdrop of recent farmer protests against agricultural reforms perceived as detrimental to their livelihoods. These protests were not merely a reaction to policy changes but rather a manifestation of deeper societal issues related to land rights, corporate influence in agriculture, and the need for sustainable farming practices. The current tariff situation thus becomes a focal point for discussions about agricultural policies, the rights of farmers, and the need for a protective economic strategy that prioritizes local needs over international pressures.

Moreover, Modi's call for Indian producers to focus on quality and competitiveness speaks to the broader issues of labor rights and the sustainability of production methods. While urging traders and manufacturers to lower costs, there is an implicit responsibility to ensure that such reductions do not come at the expense of workers' rights and environmental sustainability. This is a crucial point for those advocating for social justice and labor rights, especially in a global economy where exploitation of workers is rampant. As the discourse around "Swadeshi" products gains traction, it raises important questions about ethical consumption and the responsibilities of consumers to support fair labor practices and sustainable production.

Lastly, Modi’s condemnation of U.S. tariffs as "unfair, unjustified, and unreasonable" resonates with ongoing global movements against economic imperialism, such as the fight for equitable trade agreements and the push for reforms in international financial institutions. The collective response from nations like Russia and China indicates a growing acknowledgment of the need for a multipolar world where economic decisions are made with consideration for all stakeholders, not just the powerful few. In this light, the ongoing trade tensions can serve as a catalyst for deeper conversations about economic justice, the need for solidarity among nations facing similar pressures, and the creation of a more equitable global trade system that does not replicate the exploitative structures of the past.

Action:

The recent escalation in trade tensions between the United States and India, exemplified by President Trump's decision to implement a staggering 50% tariff on Indian goods, highlights a growing trend of economic nationalism that threatens to undermine global cooperation. Prime Minister Narendra Modi's response, characterized by a promise to protect Indian farmers and a call to action for domestic industries, offers a glimpse into the complexities of global trade dynamics. As the world grapples with the ramifications of protectionist policies, it is crucial for Americans to understand the broader implications of these actions, not only on international relations but also on domestic economic stability and social equity.

Historically, trade wars have often been a means for nations to assert power and influence on the global stage, with the U.S. frequently adopting aggressive tariffs to protect its interests. The current situation is far from unique; however, it represents a significant shift in the balance of power. Modi's remarks on economic self-interest reflect a growing sentiment among nations that view American tariffs as a form of imperialism, whereby the U.S. leverages its economic strength to dictate terms to other countries. This protectionist stance not only harms bilateral relations but also sets a dangerous precedent that could lead to retaliatory measures and further entrenchment of global divisions.

For Americans, there is a clear imperative to engage critically with the narratives surrounding trade policy. The rhetoric of "economic selfishness" articulated by Modi serves as a reminder that trade is not merely a matter of numbers but is deeply intertwined with the lives of ordinary people, particularly farmers and workers who often bear the brunt of such policies. As citizens, we should advocate for a more equitable trade framework that prioritizes the well-being of workers globally over corporate profits. This can be accomplished by supporting legislative measures that promote fair trade practices and by holding elected officials accountable for policies that favor multinational corporations at the expense of local industries and agriculture.

Furthermore, Modi's call for a "Swadeshi" (self-reliant) approach to production underscores a critical lesson for Americans: the importance of local economies. By prioritizing domestic production, we can strengthen our local industries and create jobs, thereby enhancing economic resilience. Engaging in community-supported agriculture, advocating for local businesses, and promoting policies that incentivize domestic manufacturing can contribute to a more robust and sustainable economy. Americans should be encouraged to view their purchasing decisions as a political act, one that can either support or undermine the global economic landscape.

Lastly, the international community's condemnation of U.S. tariffs as "unfair" and "unjustified" serves as a clarion call for solidarity among nations facing similar challenges. It is imperative for Americans to recognize that economic policies are not isolated to national borders but have far-reaching consequences that affect global stability. By fostering partnerships with workers and communities in other countries, we can build a coalition that advocates for fair trade practices, equitable labor rights, and environmental sustainability. This collective action can challenge the status quo and push back against the tide of economic nationalism that threatens to fragment our interconnected world.

In conclusion, the recent trade tensions between the U.S. and India serve as a critical juncture for Americans to rethink our approach to economic policy and international relations. By advocating for fair trade, supporting local economies, and fostering global solidarity, we can work towards a more just and equitable economic system. The current political climate demands that we engage thoughtfully and proactively, ensuring that the voices of workers, farmers, and marginalized communities are heard and prioritized in the ongoing discourse around trade and economic policy.

To Do:

The recent news article highlights significant economic tensions between the United States and India, particularly regarding trade tariffs and their potential implications for farmers and domestic industries. Individuals interested in addressing these issues can take meaningful actions to support fair trade practices and advocate for farmers' interests. Below is a detailed list of ideas and actions to consider:

### Personal Actions to Take:

1. **Support Local Farmers and Businesses**: - Purchase products from local farmers and businesses. This can help strengthen the domestic economy and reduce reliance on imports that may be affected by tariffs. - Participate in farmers' markets and local co-ops to boost local agriculture.

2. **Raise Awareness**: - Use social media platforms to discuss the implications of tariffs on farmers and the economy. Share articles, infographics, and personal stories that highlight the importance of supporting domestic agriculture. - Organize or attend community forums to discuss the impact of global trade policies on local economies.

3. **Sign and Share Petitions**: - Locate and sign petitions advocating against unfair trade practices or in support of farmers. Websites like Change.org or MoveOn.org often have relevant petitions. - Example Petition: "Support Fair Trade Practices for Farmers" on Change.org.

4. **Contact Elected Officials**: - Write to your local and national representatives expressing your concerns about the impact of tariffs on farmers and the economy. - **Example Contacts**: - **Senator Elizabeth Warren**: Email: senator_warren@warren.senate.gov, Mailing Address: 2400 JFK Federal Building, 15 New Sudbury Street, Boston, MA 02203 - **Representative Pramila Jayapal**: Email: pramila.jayapal@mail.house.gov, Mailing Address: 2306 Rayburn House Office Building, Washington, D.C. 20515

5. **Participate in Advocacy Campaigns**: - Join organizations that advocate for fair trade and support for farmers. Organizations such as the National Farmers Union (NFU) or the Food and Water Watch often have campaigns that individuals can join. - Example Campaign: NFU’s "Farmers for Fair Trade" initiative.

6. **Educate Yourself and Others**: - Attend workshops or webinars on trade policies, tariffs, and their effects on the agricultural sector. Many universities and advocacy groups offer free or low-cost events. - Create educational materials to distribute in your community that explain the importance of supporting local agriculture in the face of international trade pressures.

7. **Engage with Local Government**: - Attend town hall meetings or local government sessions to voice your concerns about the impact of tariffs and advocate for policies that support local farmers and industries. - Propose initiatives that encourage local consumption of domestically produced goods, which can help buffer against international trade fluctuations.

### What to Say in Communications:

- **When contacting elected officials**: - "I am writing to express my concern about the recent doubling of tariffs on Indian goods and the potential negative impacts this could have on farmers and local economies. It is crucial that we prioritize fair trade practices that support both our local farmers and global partners. I urge you to advocate for policies that safeguard our agricultural sector and promote sustainable trade practices."

- **In petitions or community discussions**: - "The recent tariff hikes not only threaten our relationships with other nations but also jeopardize the livelihoods of farmers who form the backbone of our economy. We must stand in solidarity with them and push for fair trade policies that benefit all parties involved."

By taking these actions, individuals can contribute to a larger movement advocating for fair economic practices, support for farmers, and a more equitable global trade system.


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