Trump Imposes 25% Tariff on Countries Trading with Iran, Impacting India
METHANOL
US President Donald Trump has imposed a 25% tariff on goods from countries trading with Iran, significantly impacting India, which has $1.34 billion in bilateral trade with Iran. This move could disrupt Indian exports, raise costs, and affect prices for essential commodities, while further complicating trade relations amid existing US tariffs and India's reliance on Iranian imports. The geopolitical implications may strain India-US relations as economic instability looms.

Jan 15, 2026, 6:06 AM