U.S. President Donald Trump takes questions from reporters, as he attends a gathering with oil trade executives, on the White Home in Washington, D.C., U.S., Jan. 9, 2026.
Kevin Lamarque | Reuters
President Donald Trump on Monday stated any nation doing enterprise with Iran will face a 25% tariff “on any and all enterprise being executed with america of America.”
That new tariff on imports from Iran’s buying and selling companions is “efficient instantly,” Trump stated in a Reality Social publish.
“This Order is ultimate and conclusive. Thanks to your consideration to this matter!” he wrote.
Additional particulars concerning the tariff announcement weren’t instantly clear. A White Home official declined to reply CNBC’s questions concerning the president’s social media publish.
The obvious effort by Trump to economically isolate Iran comes because the oil-rich Center Japanese nation struggles to suppress an ongoing swell of huge anti-government protests.
Dozens of these protesters have reportedly been killed in latest weeks; Trump has threatened to take army motion towards Iran if the killings proceed.
The president has additionally explicitly inspired the demonstrations towards the Iranian regime. “Iran is FREEDOM, maybe like by no means earlier than. The USA stands prepared to assist!!!” he wrote on social media on Saturday.
The announcement of recent tariffs on Iran’s enterprise companions additionally comes forward of a much-anticipated Supreme Court docket ruling on whether or not a lot of Trump’s most expansive tariffs are authorized.
These tariffs — together with his controversial “reciprocal” duties from early April and others associated to purported fentanyl trafficking — have been invoked utilizing the Worldwide Emergency Financial Powers Act, or IEEPA.
It was unclear if Trump’s newly unveiled Iran-related tariffs additionally relaxation on that regulation.
That is breaking information. Please refresh for updates.
