ReferIndia News Trump's Iran Tariff Ultimatum Shakes Global Trade

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Trump's Iran Tariff Ultimatum Shakes Global Trade

Published on: Jan. 13, 2026, 3:25 a.m. | Source: Devdiscourse

U.S. President Donald Trump announced a 25% tariff on any nation engaging in trade with Iran. Effective immediately, the tariff applies to all business conducted with the U.S., aiming to pressure countries to sever economic relations with the Islamic Republic. Trump's decision was announced via Truth Social.

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