‘Unfortunate Move’: FICCI voices disappointment over 25% tariff, secondary sanctions by US

‘Unfortunate Move’: FICCI voices disappointment over 25% tariff, secondary sanctions by US

The Federation of Indian Chambers of Commerce and Industry (FICCI) has expressed disappointment over US President Donald Trump’s decision to impose a 25 per cent tariff along with secondary sanctions on exports from India, effective August 1. Reacting to the announcement, Harsha Vardhan Agarwal, President, FICCI, said, “FICCI is disappointed by the decision taken by the…

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Trump’s BRICS barb rattles India-US trade deal hopes as new tariff wave rolls out

Trump’s BRICS barb rattles India-US trade deal hopes as new tariff wave rolls out

US President Donald Trump’s sharp remarks targeting BRICS nations have sparked fresh uncertainty over the long-delayed India-US trade deal, just months ahead of its anticipated conclusion. On Tuesday, the Republican frontrunner threatened a fresh 10 per cent tariff on countries “aligning with the anti-American policies of BRICS,” pointing to moves challenging the dominance of the…

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