Trump Orders 25 Percent Tariffs on Nations Trading With Iran

President Donald Trump signed an executive order on Feb. 6 imposing tariffs as high as 25 percent, effective midnight Saturday, on products imported to the United States from any country doing business with Iran. He cited national security for the need to issue the order, writing that tariffs will “more effectively deal” with the Iranian regime. The penalty applies to any nation that “directly or indirectly purchases, imports, or otherwise acquires any goods or services from Iran,” according to the order. Trump wrote in the order that he imposed the tariffs because “the actions and policies of the Government of Iran continue to pose an unusual and extraordinary threat, which has its source in whole or substantial part outside the United States, to the national security, foreign policy, and economy of the United States.”...