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United States President Donald Trump on Monday announced a 25 percent tariff on any country trading with Iran, ramping up pressure on Tehran over its violent crackdown on a wave of protests.
“Effective immediately, any Country doing business with the Islamic Republic of Iran will pay a Tariff of 25% on any and all business being done with the United States of America. This Order is final and conclusive,” Trump said on Truth Social
Iran’s main trading partners are China, Turkey, the United Arab Emirates and Iraq, according to the economic database Trading Economics.
The tariffs announcement comes as Trump mulls possible military action against Iran over the protests. Rights groups have reported a growing death toll.
“Air strikes would be one of the many, many options that are on the table,” White House Press Secretary Karoline Leavitt said earlier Monday.
But she said Iran also had a diplomatic channel open to Trump’s special envoy Steve Witkoff, adding that Iran was taking a “far different tone” in private than it was in its public statements.
US President Donald Trump said Friday he called off a second wave of attacks on Venezuela after the government, whose leftist president was removed by Washington, began releasing prisoners.
Trump made the comments as he prepared to meet major oil corporations that he said will invest at least $100 billion in Venezuela, which has the world’s largest oil reserves.
Trump was implicitly making clear he is ready again to use force to get his way in Venezuela, which he has vowed to force to enrich the United States, especially oil companies.
“Venezuela is releasing large numbers of political prisoners as a sign of ‘Seeking Peace,’” Trump wrote on his Truth Social platform.
“Because of this cooperation, I have cancelled the previously expected second Wave of Attacks,” he said.
