Trump 'immediately' imposes 25% tariffs on countries that do business with Iran

President Donald Trump said on Monday that countries that do business with Iran will face a new 25% tariff.

“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 wrote on Truth Social on Monday. “This Order is final and conclusive,” he added.