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Trump announces 25% tariff on countries doing business with Iran
Summary
President Donald Trump announced a 25% tariff on goods from countries he says have commercial ties to Iran, calling the order effective immediately; the White House provided no further details. The move was announced as anti-government protests in Iran continued into a third week.
Content
President Donald Trump announced a 25% tariff on goods from countries he said have commercial ties to Iran. He posted the announcement on social media and described the order as effective immediately. The White House did not provide details on what constitutes "doing business" with Iran or which imports will be targeted. The announcement comes as anti-government protests in Iran have continued into a third week.
Key points:
- The president said a 25% tariff applies to any country "doing business with the Islamic Republic of Iran."
- The statement was posted on Truth Social and described the order as "final and conclusive."
- The White House did not issue further clarification on definitions or which countries' imports will be affected.
- The announcement coincides with ongoing protests inside Iran.
Summary:
The announcement introduces a new U.S. trade measure that may affect trade relationships for countries with commercial ties to Iran. Undetermined at this time.
