Source: Time
“As Donald Trump mulls whether or not the U.S. will intervene militarily in Iran in response to the deadliest anti-regime protests and riots there in years, the President is happy to employ one of his ‘favorite’ words to put pressure on Tehran: tariffs. ‘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,’ Trump posted on Truth Social Monday night. ‘This Order is final and conclusive.’ It’s unclear what the President meant by ‘doing business,’ and which countries the latest policy actually covers. The White House has not yet published any information about the new tariff policy or what legal authority it relies on, nor did the White House immediately respond to TIME’s request for clarification.” (01/13/26)
https://time.com/7345774/trump-iran-tariffs-trade-china-india-uae-turkiye-brazil/