Trump Warns Countries Trading with Iran
On the 22nd, U.S. President Trump stated that the U.S. is closely monitoring the situation in Iran while speaking aboard Air Force One. He mentioned that a large fleet is heading toward Iranian waters.
When asked about tariffs targeting Iran, Trump said the U.S. would impose a 25% tariff on all countries trading with Iran, adding that this measure will soon take effect. Although he referred to it as a 'secondary tariff,' this is not a technical term but rather a form of financial sanction aimed at countries engaging with nations the U.S. disapproves of.
- The U.S. will impose a 25% tariff on countries trading with Iran
- Trump described the move as a way to pressure Iran
- The so-called 'secondary tariff' is essentially a monetary sanction