President Donald Trump said on Monday any country that does business with Iran will face a tariff rate of 25% on trade with the U.S., as Washington weighs a response to the situation in Iran which is seeing its biggest anti-government protests in years.
"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.
Tariffs are paid by U.S. importers of goods from those countries. Iran has been heavily sanctioned by Washington for years.
"This Order is final and conclusive," Trump said without providing any further detail. Top export destinations for Iranian goods include China, the United Arab Emirates and India.
There was no official documentation from the White House of the policy on its website, nor information about the legal authority Trump would use to impose the tariffs, or whether they would be aimed at all of Iran's trading partners.
The White House did not respond to a request for comment.
Iran, which had a 12-day war with U.S. ally Israel last year and whose nuclear facilities the U.S. military bombed in June, is seeing its biggest anti-government demonstrations in years.
Trump has said the U.S. may meet Iranian officials and that he was in contact with Iran's opposition, while piling pressure on its leaders, including threatening military action.
Tehran said on Monday (12 January) it was keeping communication channels with Washington open as Trump considered how to respond to the situation in Iran, which has posed one of the gravest tests of clerical rule in the country since the Islamic Revolution in 1979.
Demonstrations evolved from complaints about dire economic hardships to defiant calls for the fall of the deeply entrenched clerical establishment.
U.S.-based rights group HRANA said it had verified the deaths of 599 people - 510 protesters and 89 security personnel - since the protests began on 28 December.
While air strikes were one of many alternatives open to Trump, "diplomacy is always the first option for the president," White House press secretary Karoline Leavitt said on Monday.
During the course of his second term in office, Trump has often threatened and imposed tariffs on other countries over their ties with U.S. adversaries and over trade policies that he has described as unfair to Washington.
Trump's trade policy is under legal pressure as the U.S. Supreme Court is considering striking down a broad swathe of Trump's existing tariffs.
Iran, a member of the OPEC oil producers group, exported products to 147 trading partners in 2022, according to World Bank's most recent data.
Kazakhstan has restored oil production after an accident at the Tengiz oil field briefly disrupted output last week, while also signalling its readine...
Baku has once again become a focal point for international energy diplomacy, investment and strategic cooperation, as Baku Energy Week brings together...
Dutch police have launched an investigation into the use of force against a pregnant woman at an asylum seekers' centre in Zeist after videos of the i...
Trump reportedly lashed out at Netanyahu on Monday over Israel's escalation in Lebanon, describing the Israeli leader as "crazy" and warning that furt...
A launch ceremony marking the commissioning of the modernised Baku-Tbilisi-Kars (BTK) railway line was held at Akhalkalaki station in Georgia on 2 Ju...
Kazakhstan has restored oil production after an accident at the Tengiz oil field briefly disrupted output last week, while also signalling its readiness to increase crude shipments through the Baku–Tbilisi–Ceyhan (BTC) pipeline.
Baku has once again become a focal point for international energy diplomacy, investment and strategic cooperation, as Baku Energy Week brings together policymakers, industry leaders and investors from around the world.
Dutch police have launched an investigation into the use of force against a pregnant woman at an asylum seekers' centre in Zeist after videos of the incident circulated widely on social media.
Trump reportedly lashed out at Netanyahu on Monday over Israel's escalation in Lebanon, describing the Israeli leader as "crazy" and warning that further military action would deepen Israel's international isolation, according to a report by Axios.
Okinawa lost transport links and suffered widespread power outages on Monday (1 June) as Severe Tropical Storm Jangmi brought destructive winds and heavy rain to Japan's south-western islands.
Competing narratives continue to shape perceptions of the war in Ukraine, with Russian leadership suggesting a possible end phase while Ukrainian officials warn of renewed large-scale attacks and ongoing escalation risks.
U.S. Secretary of State Marco Rubio has held talks with Lebanese President and Israeli Prime Minister on efforts to ease tensions between Israel and Lebanon. According to a U.S. official, Washington has proposed a plan aimed at achieving a gradual de-escalation of hostilities.
When Armenians vote on 7 June, they will be voting in an election shaped by months of political change and a rapidly deepening relationship with the European Union. The result may not only determine who governs Armenia but also the future direction of the country's geopolitical alignment.
Unsealed records from the U.S. Department of Justice have renewed scrutiny of lawyer Robert Amsterdam after documents revealed communications between his law firm and Jeffrey Epstein's office. The disclosures have drawn attention because of Amsterdam's prominent role in Armenia.
Dutch police have launched an investigation into the use of force against a pregnant woman at an asylum seekers' centre in Zeist after videos of the incident circulated widely on social media.
Hungarian Prime Minister Péter Magyar said on Monday that his government would begin legal proceedings to remove President Tamás Sulyok if he continues to reject calls to resign.
Hundreds of people were left homeless after a massive fire in Indonesia's capital Jakarta affected more than 300 houses, according to state-run media on Tuesday.
Competing narratives continue to shape perceptions of the war in Ukraine, with Russian leadership suggesting a possible end phase while Ukrainian officials warn of renewed large-scale attacks and ongoing escalation risks.
Russian drones and missiles pounded the Ukrainian capital Kyiv and other cities early on Tuesday, killing at least 11 people and wounding more than 100, authorities said, following days of warnings about Moscow's plans for a major assault.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment