Trump's Double Standards: US Threatens Tariffs on Iran Traders While Conducting Millions in Trade

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News18•13-01-2026, 16:13
Trump's Double Standards: US Threatens Tariffs on Iran Traders While Conducting Millions in Trade
- •US President Donald Trump threatened a 25% tariff on countries trading with Iran, impacting nations like India.
- •Despite the threats, the US itself engaged in approximately $96.4 million in goods trade with Iran in 2024.
- •US exports to Iran, primarily humanitarian goods like medicines and agricultural products, totaled $90 million.
- •Iran's exports to the US were minimal, at $6.3 million, consisting mainly of certain chemicals.
- •Including services, total US-Iran trade reached about $840 million in 2024, with the US maintaining a trade surplus.
Why It Matters: Trump's administration threatens tariffs on Iran traders, yet the US maintains significant trade with Iran.
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