US President Donald Trump on Monday said he had imposed a 25% tariff on goods from countries with commercial ties to Iran, a move that could put pressure on Tehran as anti-government protests enter a third week.
Trump said on social media that the tariff was "effective immediately", without offering details of what constituted "doing business" with Iran.
China is Iran's largest trading partners, followed by Iraq, the United Arab Emirates, Turkey and India.
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“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,” Trump said in a post on his website, Truth Social.
ReplyDeleteIt is not clear which countries might be affected, but major economies such as Russia, China, Brazil and Turkiye all trade with Iran, which has been roiled by widespread antigovernment protests and riots over the past week.