Iran and Tariffs: Watch What Trump Does, Not What He Says

Iran and Tariffs: Watch What Trump Does, Not What He Says

Steve Benen, MS NOW Remember when the president vowed new economic penalties on countries that do business with Iran? A month later, his threats have been exposed as hollow.

Trump unleashes tariff blitz over Iran, India, and beef imports

President Trump was busy at the weekend, issuing a trio of trade-related orders that show how aggressively the White House is now using tariffs as instruments of foreign policy rather than trade management.  Perhaps the most significant is the executive order on Iran, which creates a framework for imposing punitive US tariffs on any country that trades with Tehran.  Under the order, the US may levy additional tariffs – it used 25% as an example …

Trump Orders Tariffs on Countries Trading with Iran

Back to Trade Updates Trump Orders Tariffs on Countries Trading with Iran Trade Update • Feb. 9, 2025 Key Points President Trump signed a proclamation reaffirming the national emergency regarding Iran. The order allows additional tariffs on imports from countries that trade directly or indirectly with Iran. The Secretary of Commerce and Secretary of State

Schiff Warns 'Affordability Crisis Will Get Worse' as Trump Eyes Iran 25% Tariffs

Proposed U.S. tariffs tied to Iran-linked trade could ripple through global supply chains, lifting import costs and worsening household affordability as China’s central role magnifies indirect exposure under President Trump’s evolving sanctions strategy. Schiff Warns Iran-Linked Tariffs Could Push Prices Higher Economist and gold advocate Peter Schiff shared on social media platform X on Feb. […]

Trump Authorizes 25 % Tariffs Against Countries Buying Goods or Services from the Iranian Regime - Gateway Hispanic

President Donald Trump signed an executive order authorizing the imposition of tariffs of up to 25% on countries that maintain commercial relations with Iran, whether through the purchase of goods or the contracting of services. The decision, confirmed by the White House, strengthens the economic pressure policy on Tehran and marks a new chapter in the U.S. strategy to contain a regime considered hostile. The order does not immediately activate …