"President Donald Trump said Monday that he'll impose a tariff of 25% on any country that does business with Iran. "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 Truth Social. The White House did not immediately respond to a request for comment. This story is breaking. Check back for updates."
""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 Truth Social."
A 25% tariff will be imposed, effective immediately, on any country that conducts business with the Islamic Republic of Iran. The tariff will apply to any and all business involving the United States of America. The measure links third-party trade with Iran to U.S. trade penalties and expands enforcement reach beyond direct bilateral relations. Immediate implementation could alter bilateral trade relationships, affect international companies operating with both U.S. markets and Iran, and prompt diplomatic and economic responses from affected governments and global trade partners.
Read at Business Insider
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