In the wake of what is termed an unexpected stall in what was once a promising India–US trade agreement, the Government of India has issued a measured response, acknowledging recent remarks by the US President and reaffirming its commitment to securing India’s economic interests.

NEW DELHI (Reuters) -Indian opposition parties criticised the government on Thursday, describing U.S. President Donald Trump's threat of a 25% tariff as a diplomatic failure for New Delhi, while the rupee currency tumbled and equity indexes slid in response to the news.