Trump Imposes 25% Tariff on Countries Trading with Iran Amid Unrest

Business
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Firstpost•13-01-2026, 12:09
Trump Imposes 25% Tariff on Countries Trading with Iran Amid Unrest
- •US President Donald Trump announced a 25% tariff on countries doing business with Iran, effective immediately.
- •The move aims to stifle Tehran's economy amidst nationwide anti-government protests and economic unrest.
- •Tariffs are paid by US importers of goods from those countries, not directly by Iran.
- •Iran's top trading partners include China, Turkey, Iraq, UAE, and India, with most oil going to China.
- •The US maintains a trade surplus with Iran, primarily exporting medical supplies and importing art.
Why It Matters: Trump imposes a 25% tariff on countries trading with Iran to pressure its economy amid protests.
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