How Donald Trump's 25% Tariffs Over Iran Trade May Impact India
US President Donald Trump has announced a 25 per cent tariff on any country trading with Iran, ramping up pressure on the theocratic government in Tehran over its violent crackdown on a wave of protests that have left nearly 600 dead and led to the arrests of thousands across the country. The action can potentially disrupt major US trading relationships across the globe, including with India and China, which are among Iran's main trading partners. "Effective immediately, any country doing business with the Islamic Republic of Iran will pay a Tariff of 25 per cent on any business being done with the United States of America. This Order is final and conclusive," Trump said on Truth Social. The tariff announcement comes as Trump mulls possible military action against Iran over the protests.
