India US Trade Deal: 'FICCI Is Disappointed...' Harsha Vardhan Agarwal Says 25% + Penalty Will Hit Indian Exports Hard

This has led to the serious concerns of India's top business bodies, as the United States has levied a 25 percent import tariff on Indian products. The move has been declared as unfortunate by FICCI(Federation of Indian Chambers of Commerce and Industry), and it appealed to both nations to accelerate negotiations about the India-US Trade Deal.

On the US imposing 25% tariffs on India, Harsha Vardhan Agarwal, President, FICCI, says, "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… pic.twitter.com/TUWrD6zqH5

— ANI (@ANI) July 30, 2025

India-US Trade Deal: FICCI Expresses Concern Over U.S. Tariff

The new move by U.S. President Donald Trump to levy a 25 percent tariff on imports from India has received stiff reprimand from the Indian business fraternity. This action of the U.S. will have a direct impact on Indian exports and can even affect trade relations between the two countries, said FICCI President Harsha Vardhan Agarwal. 

Hope for a Positive India-US Trade Deal

Despite this setback, FICCI is upbeat that both countries will continue negotiations and arrive at a long-term trade settlement. The industry body feels that a strong India-US Trade Deal is not only possible but needed.

Why the Trade Deal Is Important?

Trading with the U.S. is one of the major trade partners, particularly in necessities such as IT, textiles, pharmaceuticals, and engineering products. Meanwhile, India provides a vast consumer base and pool of skilled labor, and this presents a massive plus to American companies.

A good India-US Trade Deal would help out the two nations:

• Repeal trade barriers

• Protect exporters of shields against trade tariffs.
  

• Maintain economic development and innovation.

• Improve intergeo relations

The Way Forward

FICCI and business leaders are calling on both governments to move negotiations quickly. They want talks to lead to a fair, stable deal for the good of both economies. The immediate tariff challenge is in place, but so is the long-term vision of a robust, stable, and fair India-US Trade Deal that propels areas of bilateral cooperation and industries on both sides.