Trump Warns 25% Tariff on Any Nation in Business With Iran


   
Barani Krishnan
DTN Refined Fuels Market Reporter

   SECAUCUS, NJ (DTN) -- U.S. President Donald Trump threatened on his social 
media account on Monday (1/12) to impose a 25% tariff on any country that does 
business with Iran following terse back and forth between the two countries on 
civilian protests that have rocked the Middle East country.

   "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. This Order is final and conclusive," the president 
wrote on his Truth Social media site.

   Trump has threatened military intervention should the Iranian government 
step up its violence against protesters. He told reporters on Sunday (1/11) 
that Iran wants to negotiate with the U.S. Iran's Foreign Minister Abbas 
Araghchi responded that the country was "ready for war and also ready for 
dialogue."

   The U.S. already maintains a comprehensive trade embargo that bans nearly 
all imports of Iranian-origin goods and services. Since early 2025, the Trump 
administration has further tightened these restrictions through the following 
measures. The 25% tariff is a significant escalation of the existing "maximum 
pressure" campaign against Iran.




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