Trump Expands Pressure on Iran with 25% Tariff for Trading Partners
TL;DR Summary
President Trump announced a 25% tariff on any country doing business with Iran, effective immediately, in a bid to economically isolate Tehran amid ongoing protests. Details were not clarified by White House officials, and analysts are watching for the tariff’s legal basis amid a looming Supreme Court ruling on tariffs and possible ties to the International Emergency Economic Powers Act (IEEPA).
- Trump says any country doing business with Iran will face 25% U.S. tariff CNBC
- Trump ‘immediately’ imposes 25% tariffs on countries that do business with Iran. That could include China CNN
- UAE Assesses Supply Impact of Trump’s Iran Tariff Threat Bloomberg.com
- Trump’s tariff gambit over Iran risks derailing U.S.–China trade deal CNBC
- India's rice exports to top buyer Iran stall on protests, tariff worries Reuters
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