Trump hits India with extra 25% Tariffs: What it means for Law Firms

Trump announced a new 25% tariff on Indian goods, citing India’s ongoing purchases of Russian energy. This will stack on top of a previous 25% India-specific tariff, bringing the total tax to 50% on a wide range of Indian exports to the U.S.

The announcement came just hours after failed talks between Washington and Moscow over Ukraine and forms part of a wider U.S. strategy to pressure countries that continue doing business with Russia. India, a key member of BRICS and a major energy importer, has been singled out for its refusal to cut ties.

So, what does this mean for law firms and their clients?

Why the Tariffs Matter

India is a major exporter of pharmaceuticals, textiles, auto parts, IT hardware, and more to the U.S. Many of these goods currently enter the American market at low or no tariffs. That changes overnight.

With tariffs hitting 50%, businesses will now have to:

• Reprice Products: Can they raise prices without losing market share?
• Review Sourcing: Should they shift supply chains to avoid Indian origin goods?
• Stay Compliant: Are they following the correct customs processes and tariff classifications?

How will this impact Law Firms?