US EditionTrump says any country doing business with Iran will face 25% U.S. tariff
President Trump imposes immediate 25% tariffs on nations trading with Iran to pressure Tehran over a crackdown killing nearly 600 protesters, targeting China, Brazil, Turkey, and Russia.
- 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.
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395 Articles
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In view of the violent action against the demonstrators in Iran, US President Donald Trump has announced fines of 25 percent against all Iran's trading partners.
According to Trump, “the order is final and binding.” Punitive tariffs could particularly affect China.
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