New Delhi, Jan. 14 -- Even as US Ambassador to India Sergio Gor struck a positive note on bilateral ties, President Donald Trump has again put India in a difficult position by announcing a 25% tariff on countries trading with Iran. This could elevate the charge on Indian goods shipped to the US to 75% from an already-steep 50%.
India's trade with Iran has slumped since 2019, when India stopped importing oil from it in response to US sanctions. In 2024-25, total trade with it was placed at $1.7 billion, which seems small enough to give up if push comes to shove.
Trump's threat could turn out to be a US weapon for talks with a regime in Tehran that it looks keen to either take over or topple via an economic squeeze. Even if so, it exposes...
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