Trump announces 25% tariff on countries that trade with Iran

President Trump said on Monday that any country doing business with Iran would face a 25 percent tariff on trade with the United States, announcing the measure would be applied "effectively immediately," though neither he nor the White House set out how the tariffs would be implemented or under what authority.

Mr. Trump posted on social media: "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," calling the decision "final and conclusive." The administration has not issued an official statement, provided details on which countries would be affected or explained what it meant by "doing business." The White House did not respond to a request for comment.

The announcement came hours before senior American officials were scheduled to brief the president on options that could include military strikes or a cyberattack, according to a U.S. official. The move was framed amid mass protests in Iran over economic problems and political grievances; analysts said new tariffs on Iran’s remaining trading partners would add to strains on an economy already hampered by longstanding restrictions.

Key Topics

World, Donald Trump, Iran, China, India, Us Tariffs