Trump says any country doing business with Iran will face 25% U.S. tariff
- 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.
470 Articles
470 Articles
Donald Trump increases the pressure on Iran. With tariffs, he now wants to punish the trading partners of the Mullah regime – including Germany.
US President Trump threatens all trading partners of Iran with punitive tariffs. German exports to the country had already collapsed. Who is still doing business with the Islamic Republic?
U.S. Adds New Secondary Tariffs on Iran as Protests Continue
President Donald Trump on Monday announced the U.S. will be imposing a 25 percent tariff on any country that conducts business with Iran while trading with the United States, as unrest and a violent crackdown intensify inside the country. Trump’s post on social media said the tariff would take effect immediately and repeated his warning to Iran to halt the use of force against protesters. The tariffs come in response to widespread protests in th…
Trump's 25% tariffs on Iran's trade partners won't have significant impact on India: Centre - Here's why
India's trade and economic engagement with Iran remains limited and is unlikely to be significantly affected by the recent tariff measures announced by the United States, government sources said on Tuesday, following President Donald Trump’s decision to impose a 25 per cent tariff on countries trading with Iran. Government sources told ANI that Iran does not feature among India’s top 50 global trading partners. In the last year, India’s trade wi…
Trump escalates Iran standoff with mystery 25% tariffs on China, India — whether it's legally possible is a different story
Donald Trump has made another announcement via Truth Social that could once again significantly affect global trade. In an attempt to show his unwavering support for Iranian protesters, Trump has threatened a 25% tariff on countries such as China and India that continue to do business with Iran. China remains America’s biggest global competitor when it comes to goods produced and exported. Even during Trump’s first wave of sweeping tariffs, he w…
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