Archive · 11 Aug 2025
Gadkari: Economic Self-Reliance Key Amid US Tariff Hike
Nitin Gadkari, a Union Minister, spoke about India's need to be economically strong, especially after the US increased tariffs on Indian goods.
The US President said this was because of national security and concerns over India buying Russian oil.
Gadkari believes if India focuses on exporting goods and improving its technology, it won't need to rely on other countries.
He said that India's culture will guide its future economic growth.
Nitin Gadkari emphasized economic self-reliance through exports and technology.
Gadkari's remarks followed US President Trump's tariff increase on Indian imports.
Trump cited national security concerns regarding India's Russian oil imports.
Gadkari stated that India wouldn't need to 'bow down' with increased economic strength.
He advocated for innovation and research aligned with national needs.
- Who
- Nitin Gadkari and US President Donald Trump.
- What
- Nitin Gadkari discussed India's economic self-reliance and the impact of US tariffs.
- When
- Following US President Trump's recent tariff increase on Indian imports.
- Where
- Visvesvaraya National Institute of Technology (VNIT) in Nagpur, India, and in relation to the US.
- Why
- To achieve economic self-reliance and offset the effects of US tariffs.
India's View
US View
Trade Policies
India's View
India aims for economic independence through exports and technological advancement to navigate trade challenges.
US View
The US aims to protect its national interests and address concerns about trade practices through tariffs.
- Key Figure
- Nitin Gadkari, Union Minister
- Action
- US imposed additional 25% tariffs on Indian imports.
- Reason for Tariffs
- National security and India's oil imports from Russia.
- Gadkari's Focus
- Enhancing exports and technology
- Gadkari's Statement
- India will not need to 'bow down' if economically strong
