WASHINGTON, Jan 12 (Reuters) – U.S. President Donald Trump said on Monday that any country that does business with Iran will be subjected to a tariff rate of 25% on any business conducted with the United States.
“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 Truth Social.
“This Order is final and conclusive,” he said.
(Reporting by Kanishka Singh and Bhargav Acharya)