New Delhi, Aug 15 (PTI) Prime Minister Narendra Modi on Friday said India will not compromise on the interests of farmers, livestock rearers and fishermen, asserting that he is standing like a wall to protect them.

The remarks are important as the US is seeking duty concessions from India in agriculture and dairy sectors in the proposed bilateral trade agreement (BTA), being negotiated between the two countries.

The US has also imposed steep tariffs on India. Trump has ratcheted up tariffs on Indian goods to 50 per cent, which will come into effect from August 27. At present, an additional 25 per cent tariffs are there on Indian goods entering American market.

"Modi is standing like a wall against any harmful policy related to the farmers, fishermen and cattle rearers of India. India will never accept any compromise regarding its farmers, its livestock rearers, its fishermen," he said while addressing the nation on the 79th Independence Day.

In the proposed BTA, the US is seeking reduced tariffs on products like corn, soybeans, apples, almonds and ethanol, as well as increased access for US dairy products. New Delhi is, however, strongly opposing these demands as these will have a direct bearing on farmers.

India has never given any duty concessions to any of its trading partners, including Australia and Switzerland, with whom it has signed trade agreements. PTI RR HVA

Trade concessions opposed as threat to farmers; India resists reduced tariffs and expanded dairy access in negotiations. Prime Minister's statement frames India's negotiating stance in proposed bilateral trade talks with the United States as a protective policy for primary producers, asserting a refusal to concede tariff reductions or market access that would harm farmers, livestock rearers and fishermen; the operative effect is to establish agricultural and dairy products as protected categories in India's trade negotiations, shaping India's negotiating mandate to exclude duty concessions and enhanced market access where such measures are seen to affect domestic producers adversely.