Trump Says Countries Doing Business With Iran Will Pay 25 Percent Tariff

President Donald Trump announced on Jan. 12 that countries trading with Iran will face a 25 percent tariff. The announcement comes as the Islamic Republic’s regime grapples with some of the most significant protests since it took over the secular monarchy of the shah in 1979. “Effective immediately, any Country doing business with the Islamic Republic of Iran will pay a Tariff of 25 percent on any and all business being done with the United States of America,” Trump wrote in a post on Truth Social in the late afternoon. “This Order is final and conclusive.” The president did not provide other details on the executive order. No order related to Iran-linked tariffs had been released by the White House as of the evening of Jan. 12....