Trump Targets Countries Trading With Iran, Slaps 25% Tariff
Synopsis
President Donald Trump announced on Monday on Truth Social that he is imposing a 25% tariff on all countries doing business with Iran “effective immediately.”
President Donald Trump announced on Monday in a social media post that he is imposing a 25% tariff on all countries doing business with Iran.
“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 said in a post on Truth Social.
While the president did not provide any further details, he added that “This Order is final and conclusive.”
Get updates to this developing story directly on Stocktwits.<
Stay updated with all the latest Business News, including market trends, Share Market News, stock updates, taxation, IPOs, banking, finance, real estate, savings, and investments. Track daily Gold Price changes, updates on DA Hike, and the latest developments on the 8th Pay Commission. Get in-depth analysis, expert opinions, and real-time updates to make informed financial decisions. Download the Asianet News Official App from the Android Play Store and iPhone App Store to stay ahead in business.