Indian Prime Minister Narendra Modi said on Thursday he will not compromise the interests of the country's farmers even if he has to pay a heavy price, in his first comments after U.S. President Donald Trump's salvo of a 50% tariff on Indian goods.

President Donald Trump said he was doubling tariffs on India from 25% to 50%. In an executive order, Trump says "I find that the Government of India is currently directly or indirectly importing Russian Federation oil" and due to those purchases,

Trump on Monday said he would be "substantially raising" tariffs on India, after imposing a 25% tariff rate against the nation last week