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Trump: '25% tariff on countries that trade with Iran'…U.S. steps up pressure with tougher Iran sanctions

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Suehyeon Lee

Summary

  • President Donald Trump said, "Any country that does business with Iran will immediately be subject to a 25% tariff on all trade with the United States."
  • He said the measure effectively amounts to secondary sanctions targeting countries that trade with Iran.
  • He added that the move could have repercussions for global trade and diplomatic relations.

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Photo=Shutterstock
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The United States signaled immediate tariff measures against countries that do business with Iran, ratcheting up pressure on foreign trade.

According to Walter Bloomberg on the 13th (local time), President Donald Trump said, "Any country that does business with Iran will immediately be subject to a 25% tariff on all trade with the United States." Trump specified that the measure would take effect immediately.

The remarks directly target third countries that maintain economic ties with Iran and effectively amount to secondary sanctions. The move could force countries seeking to continue trade with the U.S. to choose, raising the prospect of repercussions for global trade and diplomatic relations.

Suehyeon Lee

Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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