"Donald Trump said on Monday any country that does business with Iran will face a tariff rate of 25% on trade with the US, as Washington weighs a response to the situation in Iran, which is seeing its biggest anti-government protests in years. 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, the US president said in a post on Truth Social."
"There was no official documentation from the White House of the policy on its website, nor information about the legal authority Trump would use to impose the tariffs, or whether they would be aimed at all of Iran's trading partners. The White House did not respond to a request for comment. Iran, which had a 12-day war with US ally Israel last year and whose nuclear facilities the US military bombed in June, is seeing its biggest anti-government demonstrations in years."
The US president announced that any country doing business with Iran will pay a 25% tariff on trade with the United States, effective immediately. The announcement was posted on Truth Social and described the order as 'final and conclusive.' Tariffs are levied on US importers of goods from targeted countries. No official documentation or legal authority for the measure appeared on the White House website, and the White House did not respond to requests for comment. Iran is already subject to heavy US sanctions and is experiencing its biggest anti-government protests in decades, with rights group HRANA verifying 599 deaths.
Read at www.theguardian.com
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