The Indian prime minister has said his country "is ready" to react to President Donald Trump's additional 25 percent levy on goods entering the U.S.

India is a key market for American brands that have rapidly expanded to target a growing base of affluent consumers

President Donald Trump on Wednesday announced sweeping and substantial tariffs on India, one of America’s most important trading partners. In addition to a 25% tariff that is set to go into effect Thursday,

For years, India has balanced close partnerships with both Washington and Moscow, even throughout Ukraine war. Trump is finally demanding it picks a side

Modi, however, has begun to push back. He said on Thursday the country was ready to stand by its farmers at any cost, without referring to the tussle with the U.S. on opening up the agricultural and dairy sectors to lower Trump's tariffs.

Narendra Modi has vowed to deepen India’s ties with Russia, despite Donald Trump’s tariff threats over buying Russian oil.

President Donald Trump is lashing out at India over Russian oil imports amid mounting trade tensions. On Wednesday, he doubled tariffs on India to 50 percent.

The 50% tariffs President Trump announced this week were officially designed to drive a wedge between India and Russia, but so far the only rupture they've caused is with the United States. Why it matters: The steep levies over India's purchases of Russian oil are threatening to unravel years of calculated U.

Indian Prime Minister Narendra Modi on Friday shared that he held a “very good and detailed conversation with my friend President Putin,” as President Trump has ramped up tariff threats this week against New Delhi for Russian oil purchases.