Trump’s Iran 25% Tariff Threat Raises Fresh Risks For India’s Trade

US President Donald Trump’s latest threat of a 25 percent tariff on countries trading with Iran has sent fresh shockwaves through global commerce. While India’s exports to Iran, especially rice, appear vulnerable on paper, the real risk lies in growing uncertainty. With trade already restricted under US Treasury rules, immediate damage may be limited. However, currency volatility, shipping insurance risks, and lack of legal clarity could still hurt Indian exporters. As China pushes back and tariff tensions rise, Trump’s unilateral trade moves once again underline how unpredictable policy announcements continue to destabilise global trade.