Trump Imposes 25% Tariff on Iran Traders: India's Trade & Chabahar Port at Risk!

Business
M
Moneycontrol•13-01-2026, 10:07
Trump Imposes 25% Tariff on Iran Traders: India's Trade & Chabahar Port at Risk!
- •US President Donald Trump announced a 25% tariff on countries trading with Iran to pressure Tehran over its violent crackdown on protests.
- •India, a major trading partner with Iran, exported goods worth $1.24 billion and imported $0.44 billion in FY 2024-25, totaling $1.68 billion.
- •The new tariff, combined with existing US taxes on Indian goods linked to Russian oil, will impact India's export competitiveness.
- •India's Chabahar Port Project in Iran faces challenges, though India plans to continue support for strategic interests.
- •The US Supreme Court is reviewing the validity of Trump's tariffs, with a decision expected to impact global trade and supply chains.
Why It Matters: Trump's new 25% tariff on Iran traders threatens India's trade, Chabahar Port, and global supply chains.
✦
More like this
Loading more articles...





