Trump announces 25% tariff on 'any country' trading with Iran, move could impact India, China, UAE
New York/Washington (PTI): US President Donald Trump announced that any country “doing business" with Iran will have to pay a 25 per cent tariff on its trade with Washington, a move that could impact Tehran’s major trading partners such as India, China and the UAE.
"Effective immediately, any Country doing business with the Islamic Republic of Iran will pay a Tariff of 25 per cent on any and all business being done with the United States of America. This Order is final and conclusive,” Trump said in a post on Truth Social Monday.
Among Iran’s major trading partners are China, Turkey, India, the UAE, Pakistan and Armenia.
The announcement by Trump could impact India, which has been among Iran’s five largest trade partners in recent years.
The US has already imposed 50 per cent tariffs on India, among the highest in the world, including 25 per cent for Delhi’s purchases of Russian energy.
According to the Indian Embassy in Tehran, major Indian exports to Iran include rice, tea, sugar, pharmaceuticals, manmade staple fibres, electrical machinery and artificial jewellery, while major Indian imports from Iran consist of dry fruits, inorganic/organic chemicals and, glassware.
According to the Observatory of Economic Complexity (OEC), an online data visualisation and distribution platform, exports from India to Iran in 2023 totalled 1.19 billion dollars, while imports into India totalled 1.02 billion dollars.
During 2023, the top exports from India to Iran were rice (USD 734M), Soybean Meal (USD 96.8M), and Bananas (USD 52M). Top exports from Iran to India included Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) (USD 309M).
“India and Iran share a millennia-long history of interactions. The contemporary and relationship draws upon the strength of these historical and civilisational ties, and continues to grow further marked by high-level exchanges, commercial and connectivity cooperation, cultural and robust people-to-people ties,” the Indian Embassy in Tehran has said.
A key aspect of India-Iran ties is the joint development of the Chabahar port. Located in the Sistan-Balochistan province on the energy-rich Iran’s southern coast, the Chabahar port is being developed by India and Iran to boost connectivity and trade ties.
In May 2015, India and Iran signed an MoU on ‘Partnership of India in the Development Plan of Chabahar Port’.
This was followed by the signing of a Trilateral Agreement in May 2016 between India, Iran and Afghanistan to establish the International Transport and Transit Corridor (Chabahar Agreement). India is participating in the development of the first phase of the Shahid Beheshti Terminal, Chabahar Port in cooperation with Iran, the Ministry of External Affairs has said.
In December 2018, an Indian company, India Ports Global Limited (IPGL) through its wholly owned subsidiary, India Ports Global Chabahar Free Zone (IPGCFZ), took over the operations of Chabahar Port.
In May 2024, IPGL signed a ten-year contract with the Ports and Maritime Organisation (PMO) of the Islamic Republic of Iran for equipping and operating the Shahid Beheshti Terminal of Chabahar Port.
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Gurugram CA held for slitting pregnant wife's throat with scissors
Jhajjar (PTI): A chartered accountant has been arrested for allegedly killing his pregnant wife by slitting her throat with a pair of scissors and trying to pass it off as a robbery attempt, police said on Wednesday.
According to police, Anshul Dhawan (31) got married to Mehak (27) in September last year. Both worked in Gurugram.
Police received a call on Sunday night reporting that some unidentified people tried to rob Anshul, took his car and kidnapped his wife, SHO Badli, Inspector Suresh said.
When police reached the spot, they found the woman's body near a dry canal with injury marks on her neck, he said.
Suspecting inconsistencies in Anshul's version of events, police took him into custody for interrogation. He confessed that he had killed Mehak with a pair of scissors, wearing gloves, over suspicions about her character, SHO said.
"During his questioning, it came to light that he had pre-planned the murder. His wife worked in a private bank in Gurugram. He had doubts that she talked to her friends, and he did not like it," SHO added. Following the confession, Anshul was arrested on Monday.
Further investigation into the matter is underway, police said.
Mehak's sister, Shruti, told the reporters that the family had doubts that Anshul was involved in the murder. She said, "We want justice; the killer should be hanged. He did not even think that his wife was two months pregnant."
She said on February 15, Anshul came to their house and stayed only for ten minutes and left with Mehal for Gurugram.
Shruti alleged that Anshul had pre-planned the murder.
