Trump Imposes 25% Tariff on Iran Business Partners, Order Final

World
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Moneycontrol•13-01-2026, 07:45
Trump Imposes 25% Tariff on Iran Business Partners, Order Final
- •US President Donald Trump has levied a 25% tariff on countries conducting business with Iran, effective immediately.
- •Trump announced the tariff on Truth Social, stating it applies to "any and all business done with the United States of America."
- •The decision comes amidst Iran's largest anti-government protests, with 599 confirmed deaths since December 28, 2025.
- •Top export destinations for Iranian goods include China, UAE, and India, with Iran exporting to 147 partners in 2022.
- •The US has long-standing sanctions on Iran, and Trump's trade policies face legal challenges in the Supreme Court.
Why It Matters: Trump imposes immediate 25% tariffs on nations trading with Iran, intensifying pressure amid protests.
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