Thursday, May 21, 2026

Trump imposed 25% tariff on countries doing business with Iran

AmericaUS President Donald Trump has decided to apply the same Russian formula to Iran. He has announced the imposition of tariffs on countries trading with Iran. Besides, these tariffs have also been implemented with immediate effect. The special thing is that India also trades many things with Iran like sugar, tea, medicines, dry fruits etc. At present, America has not said anything specifically about India. Trump wrote on Truth Social, ‘Applicable with immediate effect. Any country that does business with the Islamic Republic of Iran will have to pay a 25 percent tariff on any and all business it does with the United States. This order is final and decisive. It is reported that many countries including China, Brazil, Turkey and Russia do business with Iran.

trade in india and iran

According to the Indian Embassy in Tehran, India and Iran are major trading partners and has become one of Iran’s top 5 trade partners in recent years. India exports rice, tea, sugar, medicines, staple fibres, electrical machinery, artificial jewelery etc. to Iran. At the same time, India imports dry fruits, inorganic/organic chemicals, glass items etc. from Iran.

What is happening between Iran and America

Trump said Tehran wants to talk with Washington after he warned of an attack on Iran over violent action against protesters. This comment of Trump has come at a time when rights activists said on Monday that the death toll in protests in Iran has increased to at least 599. However, Iran has not yet reacted to the US President’s comment. His comments follow the weekend visit to Iran by Oman’s foreign minister, who has long served as a mediator between Washington and Tehran. It is also unclear what Iran can offer, especially since Trump has imposed tough conditions on its nuclear program and ballistic missile fleet, which Tehran views as vital to its national defense.

what option

Earlier, two people familiar with internal discussions at the White House, the official residence and office of the US President, had said that President Trump and his national security team are considering possible action against Iran. Which includes cyber attacks and direct military attacks by the US or Israel. These people gave this information on condition of anonymity due to lack of permission to comment publicly.

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