Trump Imposes 25% Tariff on Iran's Trading Partners: India's Trade at Risk

• US President Donald Trump announced a 25% tariff on any country doing business with Iran, effective immediately.
• The announcement comes amid ongoing protests in Iran, with nearly 700 deaths reported, and Trump mulling military action.
• Major trading partners like China, India, Russia, Turkey, and Brazil are likely to be impacted by the new tariffs.
• India's trade with Iran totaled $1.68 billion in 2024-25, with key exports including rice, tea, and pharmaceuticals.
• This new tariff adds to existing US tariffs on India, including a 25% tariff for purchasing Russian oil, potentially straining India-US ties.

Why It Matters: Trump's new 25% tariff on Iran's trading partners threatens India's trade and existing US-India relations.