By Manoj Kumar and Sarita Chaganti Singh NEW DELHI (Reuters) -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,

President Donald Trump has issued a new executive order hitting India with an extra 25% tariff over its purchases of Russian oil—raising total duties on Indian goods entering the U.S. to a steep 50%.

India, which now faces among the highest tariff rates imposed by the US, called the levy "unjustified and unreasonable".