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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!”Â
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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.