Trump Imposes 25% Tariff on Nations Trading with Iran
Washington D.C. - U.S. President Donald Trump announced Monday the immediate imposition of a 25% tariff on goods from countries maintaining commercial ties with Iran. The move, revealed via social media, aims to increase pressure on Tehran amidst ongoing anti-government protests, now in their third week, according to the BBC.
The tariff's implementation and scope raise questions, as Trump did not specify what activities constitute "doing business" with Iran.
Currently, China is Iran's largest trading partner, followed by Iraq, the United Arab Emirates, Turkey, and India, according to the BBC. The new tariff comes after Trump.
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