Trump Threatens Tariffs on Countries Doing Business with Iran

• President Trump signed an executive order reaffirming the national emergency with Iran and establishing a mechanism for new tariffs.
• The order allows for additional ad valorem duties, potentially up to 25%, on goods from countries acquiring goods or services from Iran.
• The move aims to protect US national security, foreign policy, and economic interests, countering Iran's "malign influence."
• The administration accuses Iran of pursuing nuclear capabilities, supporting terrorism, and destabilizing the region.
• This builds on Trump's hardline approach, including withdrawing from the Iran nuclear deal and reinstating "maximum pressure" sanctions.