"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 his Truth Social platform. This Order is final and conclusive, the US president wrote without providing further details. There was no official documentation about the policy from the White House on its website or information about the legal authority Trump would use to impose the tariffs."
"In response, Iranian Foreign Minister Abbas Araghchi warned that Iran is ready for war if Washington wants to test it in an exclusive interview with Al Jazeera Arabic on Monday. If Washington wants to test the military option it has tested before, we are ready for it, Araghchi said, adding that he hoped the US would choose the wise option of dialogue while warning of those trying to drag Washington into war in order to serve Israel's interests."
Donald Trump announced a 25% tariff on any country doing business with Iran, posting the claim on his Truth Social account and calling the order final. No official White House documentation or legal authority for the tariff was provided on the government website. Years of Western sanctions have battered Iran's economy, producing high inflation, unemployment and the rial's collapse, and massive protests have erupted over mounting economic woes. Iran's main export partners include China, Turkiye, Iraq, the United Arab Emirates and India, with China buying roughly 80% of Iranian oil. Trump has also threatened military action, and Iran's foreign minister warned the country is ready for war while urging dialogue.
Read at www.aljazeera.com
Unable to calculate read time
Collection
[
|
...
]