Key Highlights
- Trump announced a 25% tariff on countries trading with Iran, effective immediately.
- Indian government sources expect minimal impact from these sanctions on India.
- The unrest in Iran has led to over 2,000 reported deaths according to activist groups.
- The Chabahar Port, crucial for India's trade, has a US exemption but faces uncertainty.
- The tariff applies to any and all business conducted with the United States.
