https://www.taxtmi.com/news?id=67271 The United States has imposed a 25 per cent tariff on any country doing business with Iran, effective immediately, as an economic coercive measure to pressure Iran by penalising its trade partners. A Russian economist says Russia will be largely unaffected due to negligible US-Russia trade, while major partners such as China, India and the UAE may face increased costs, reduced direct supplies, and rerouting of trade through third countries, potentially fuelling renewed trade tensions. en-us Tue, 13 Jan 2026 18:46:03 +0530 Tue, 13 Jan 2026 18:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=67271 The United States has imposed a 25 per cent tariff on any country doing business with Iran, effective immediately, as an economic coercive measure to pressure Iran by penalising its trade partners. A Russian economist says Russia will be largely unaffected due to negligible US-Russia trade, while major partners such as China, India and the UAE may face increased costs, reduced direct supplies, and rerouting of trade through third countries, potentially fuelling renewed trade tensions. News - Tue, 13 Jan 2026 18:46:03 +0530 https://www.taxtmi.com/news?id=67271