NEW DELHI, 30 July 2025: Commenting on US President Donald Trump’s announcement to levy a 25% tariff as well as secondary sanctions on exports from India starting from August 1, 2025, Mr Harsha Vardhan Agarwal, President, FICCI said, “FICCI is disappointed by the decision taken by the U.S. to levy 25% tariff on exports from India and impose secondary sanctions. While this move is unfortunate and will have a clear bearing on our exports, we hope that this imposition of higher tariffs will be a short-term phenomenon and that . . .
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