FICCI expressed disappointment over the US imposing 25% tariffs and secondary sanctions on Indian exports, effective August 1, 2025.

• FICCI urged a quick resolution, calling the move harmful to trade and urging finalisation of the ongoing Bilateral Trade Agreement.
• President Harsha Vardhan Agarwal emphasised the deep India–US partnership in tech, defence, energy, and manufacturing.
• India stresses securing a fair deal over meeting deadlines, highlighting its value as a strategic market for US businesses.