President Donald Trump announced what he described as an immediate and “final” trade order targeting Iran and its global partners.
In a post shared on Truth Social, Trump said any country that continues doing business with the Islamic Republic of Iran would be hit with a 25% tariff on all trade with the U.S.
The president wrote: “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. Thank you for your attention to this matter!”
The post came amid heightened tension with Iran as the country entered its fourteenth day of spiraling protests and unrest in which hundreds of people have been killed.
This is a developing story. Check back for updates.
