LIVE: PM Modi Flags “Economic Selfishness” Amid Trump Tariffs, Hails India’s Growth | FP America

Prime Minister Narendra Modi on Tuesday said India’s GDP grew by 7.8 per cent in the first quarter of this financial year despite “challenges driven by economic self-interest”, in an apparent reference to tariffs imposed on Indian goods by US President Donald Trump. Speaking at the Semicon India Conference in Delhi, a day after winding up his trip to China and Japan, PM Modi said the Indian economy “outperformed every expectation, estimate and forecast”. “While economies around the world are facing concerns and challenges driven by economic self-interest, India has achieved a growth rate of 7.8 per cent,” he said. The Prime Minister’s remarks come after Trump claimed that India has offered to reduce its tariffs on US goods to “nothing”, but said New Delhi should have done it “years ago”. Meanwhile, White House trade adviser Peter Navarro escalated his criticism of India, calling Prime Minister Narendra Modi’s engagement with Russian President Vladimir Putin and Chinese President Xi Jinping a strategic mistake.

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