U.S. President Donald Trump. (Photo: Reuters)
“This decision takes effect immediately. Any nation trading with Iran will face a 25% tariff on all transactions with the United States,” President Trump announced on Truth Social.
The tariffs will be paid by U.S. entities importing goods from those countries.
“This is a final and irreversible decision,” Trump stated, without providing further details.
Iran, a member of OPEC, exported products to 147 trading partners in 2022, according to the World Bank’s latest data. Its top export destinations include China, the United Arab Emirates, and India.
No official statement from the White House has been issued regarding this policy, nor is there information on the legal authority Trump would use to impose the tariffs or whether they target all of Iran’s trading partners. The White House did not respond to requests for comment.
Iran is currently experiencing its largest anti-government protests in years. Tehran has accused the U.S. and Israel of fueling the unrest.
Trump indicated that the U.S. could engage with Iranian officials and has communicated with Iranian opposition groups, while pressuring the country’s leadership, including threats of military action. Iran has stated it maintains open communication channels with Washington.
While airstrikes are among the options Trump may consider, “diplomacy is always the president’s first choice,” White House Press Secretary Karoline Leavitt said on January 12.
During his second term, President Trump has frequently threatened and imposed tariffs on nations over their ties to U.S. adversaries and trade policies he deems unfair to Washington.
However, Trump’s trade policies face legal challenges as the U.S. Supreme Court considers overturning several existing tariffs.
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