New Delhi, Jan. 13 -- US President Donald Trump's announcement imposing a 25 per cent tariff on any country continuing business ties with Iran is expected to intensify uncertainty across global trade channels, with India's agri-export sector, particularly rice exports, likely to face indirect but tangible pressure.
Iran remains one of the largest destinations for Indian Basmati rice, accounting for a significant share of export volumes. However, the proposed tariff, which penalises third countries for trade engagement with Iran, could complicate payment mechanisms, raise transaction risks, and dampen buyer confidence at a time when the market is already under strain.
According to industry data, India's Basmati rice exports to Iran durin...
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