Trump says any country doing business with Iran will face 25% U.S. tariff
The tariff targets countries trading with Iran to pressure Tehran over a crackdown killing nearly 600 protesters, with 25% duties imposed on all related U.S. business, effective immediately.
- On January 12, President Donald Trump announced a 25% tariff on countries that do business with Iran, stating `Effective immediately, any Country doing business with the Islamic Republic of Iran will pay a Tariff of 25%` and called `This Order is final and conclusive`.
- After weeks of unrest that began on December 28, Iranian protesters faced a crackdown that Human Rights Activists News Agency verified left 599 dead, including 510 protesters and 89 security personnel.
- Analysts say major trading partners such as China, India, Turkey, Brazil and Russia could be affected, but the White House has not issued paperwork clarifying the tariff’s scope or definition of 'doing business'.
- The move drew immediate concern from trading partners, with China's embassy in Washington warning it will safeguard its interests and South Korea's trade ministry closely monitoring the measures.
- Legal challenges loom as the U.S. Supreme Court reviews tariff authority, while the announcement heightens risks amid U.S. military options and threats to the Strait of Hormuz.
422 Articles
422 Articles
Trump Announces 25% Tariff on Countries That Trade With Iran
New videos are emerging from Iran showing the government’s violent crackdown on protesters who demand the overthrow of the country’s Islamic government. The State Department is telling Americans to leave Iran as President Donald Trump announces new tariffs on any country that does business with the regime as he weighs possible military action. NBC’s Richard Engel reports for TODAY. Warning: Some images may be disturbing.
US President Donald Trump announced customs sanctions against Iran's trading partners, at a time when, according to an NGO, the repression of anti-government protests exceeds 600 deaths.
Trump Threatens Tariffs on Countries ‘Doing Business’ With Iran
As Donald Trump mulls whether or not the U.S. will intervene militarily in Iran in response to the deadliest anti-regime protests and riots there in years, the President is happy to employ one of his “favorite” words to put pressure on Tehran: tariffs. “Effective immediately, 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…
Trump’s 25% Iran-Trade Tariff Threat Puts Brazil in the Crosshairs
Key Points Trump says any country trading with Iran will face a 25% tariff on all business with the U.S. The threat is broad, but key legal details are still missing, leaving markets to guess enforcement. Brazil’s Iran trade is modest, yet U.S. exposure is far larger, raising pressure on exporters and banks. Donald Trump […]
Trump's Iran tariff hike 'will not change' anything as country 'ready for war': analysis
An economist has suggested the sudden tariff hike Donald Trump has set on Iran and its trading partners "will not change" anything. Iranian Foreign Minister Abbas Araghchi warned the US administration they are ready for war should Trump wish to "test" the lengths Iran will go to. Araghchi claimed Iran are "prepared for all options" and now control a "large and extensive military preparedness". He added, "If Washington wants to test the military …
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