Trump Threatens 25% Tariffs on Countries Trading with Iran
Trump Threatens 25% Tariffs on Countries Trading with Iran
Trump signs an executive order hinting at 25% tariffs on nations doing business with Iran, signaling a broader push amid ongoing talks and sanctions.
President Donald Trump signed an executive order that threatens to impose additional tariffs on countries that continue to trade with Iran. The order does not spell out a fixed rate, but uses 25% as an illustrative example, and it could apply to goods imported into the United States from any nation that directly or indirectly purchases from Iran. The move comes as talks between senior US and Iranian officials in Oman have continued amid weeks of escalating rhetoric from both sides. The White House framed the order as part of an ongoing effort to hold Iran accountable, and said the measure reinforces the ongoing national emergency with respect to Iran, with the president retaining the ability to modify it if circumstances change. The administration cited concerns over Iran's nuclear ambitions, support for terrorism, ballistic missile development, and regional destabilisation that it says endanger American security, allies, and interests.