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.
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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 […]
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.
Report: Trump weighing strikes on Iranian nuclear sites, U.S. officials say
The Pentagon is reportedly presenting a wider range of strike options to Trump than before. The report comes after the U.S. president announced a 25 percent tariff rate on any country doing business with Tehran
According to Trump, the US wants to prove Iran's trading partners with tariffs of 25 percent. Criticism quickly followed from the Chinese side.
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