India says new U.S. sanctions on Iran will have limited impact 🌍

India’s government and exporter groups say the 25% U.S. tariff on countries doing business with Iran is unlikely to materially affect India’s economy. The reason: India’s trade with Iran is relatively small and largely focused on humanitarian goods such as food and pharmaceuticals, which remain sanctions-compliant.

Officials emphasized that exposure is minimal, reducing the risk of broader economic disruption despite the tougher stance from the United States.

#GlobalTrade #India #IranTariff #Economy #Sanctions #TradeNews 📊

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