Alerts & Updates 3rd Apr 2025

ELP Trade Update – Reciprocal Tariffs

Authors

Ambarish SathianathanPartner | Mumbai
Parthsarathi JhaPartner | New Delhi | Noida
Sanjay NotaniPartner | Mumbai
Shrinkhla GuptaPrincipal Associate | Delhi NCR
Divyashree SuriSenior Associate | Delhi NCR

Latest Thought Leadership

Alerts & Updates 27th Apr 2026

IMPACT OF THE 2026 AMENDMENT TO TRANSGENDER ACT ON EMPLOYERS AND EMPLOYEES

Read More
Financial
Alerts & Updates 27th Apr 2026

SEBI seeks public comments on reviewing Variable Net Worth for Stock-Brokers

Read More
Investment Funds
Alerts & Updates 27th Apr 2026

SEBI Consultation Paper on Ease of Doing Investment and Ease of Doing Business: Handling of Client’s Unpaid Securities by Trading Members/Clearing Members

Read More
Investment Funds
Alerts & Updates 24th Apr 2026

SEBI’s Informal Guidance on AMC Net Worth Structure and Sponsor Eligibility

Read More

The U.S. has announced reciprocal tariffs on all its imports, as part of broader measures to address trade deficits. A 26% reciprocal tariff is applicable on imports from India. Sectors like electronics, gems and jewelry, machinery, and apparel may be particularly affected. Indian exporters may wish to evaluate contract terms, explore mitigation tools, and monitor ongoing trade discussions between India and the U.S. for potential relief. Please see below the detailed update to understand what this means for your business and next steps.

Click here to read the update

Privacy Policy

As per the rules of the Bar Council of India, lawyers and law firms are not permitted to solicit work or advertise. By clicking on the "I Agree" button, you acknowledge and confirm that you are seeking information relating to Economic Laws Practice (ELP) of your own accord and there has been no advertisement, personal communication, solicitation, invitation or any other inducement of any sort whatsoever by or on behalf of ELP or any of its members to solicit any work through this website.