Trump Slaps 25% Tariff on Iran Business: India Faces New Trade Hurdles

• US President Donald Trump announced a 25% tariff on countries doing business with Iran, effective immediately.
• The announcement comes amidst violent protests in Iran, where over 644 people have reportedly died across 31 states.
• India's trade with Iran includes exports of Basmati rice, tea, and medicines, and imports of apples, pistachios, and organic chemicals.
• India already faces a 50% US tariff on Russian oil purchases; additional tariffs could complicate US-India trade deals.
• Iran's economy is struggling under UN sanctions, with its currency, the rial, severely depreciated.

Why It Matters: Trump's new 25% tariff on Iran-linked trade poses significant economic and diplomatic challenges for India.