US tariffs on Iran’s trade partners could affect India due to its longstanding trade and diplomatic ties with Tehran, despite China remaining Iran’s largest commercial ally.

'Any Country doing business with the Islamic Republic of Iran will pay a Tariff of 25% on any and all business being done with the United States of America,' Trump posted on social media on Monday.

Trump's Iran tariff threat poses limited risk to India's trade, affecting only select sectors like rice and fresh fruits.