New Delhi, Aug. 7 -- A day after the US imposed an additional 25% reciprocal tariff on India, on top of an earlier 25%, Prime Minister Narendra Modi signalled that India was unwilling to offer concessions in agriculture and dairy.

"India will never compromise on the interests of farmers, fishermen and dairy farmers," Modi said, speaking at the MS Swaminathan Centenary International Conference in Delhi, today. "I know personally, I will have to pay a heavy price for it, but I am ready for it."













And there is indeed a heavy price to pay. The additional US tariffs have put India at a significant disadvantage compared to its peers. While some sectors like electronics and pharmaceuticals are shielded by exemptions, many labour-inte...