,

Trump Imposes 25% Tariff on Nations Engaging in Trade with Iran

by

in ,

On Monday, U.S. President Donald Trump announced the imposition of a 25% tariff on goods from countries maintaining commercial ties with Iran. This measure aims to increase pressure on Tehran as anti-government protests continue into their third week.

Trump announced on social media that the tariff would be “effective immediately,” though he did not specify what actions qualify as “doing business” with Iran. The countries most involved in trade with Iran include China, Iraq, the United Arab Emirates, Turkey, and India.

This tariff follows Trump’s earlier warning of potential military intervention if Tehran escalated violence against protesters. White House spokeswoman Karoline Leavitt confirmed on Monday that military options, including air strikes, remain “on the table.”

“Any country doing business with the Islamic Republic of Iran will pay a tariff of 25% on all transactions with the United States of America,” Trump stated on Truth Social on Monday, emphasizing that this order is “final and conclusive.”

The White House has not disclosed further details about the tariffs, including which countries’ imports might be most affected. Protests in Iran were initially sparked by the devaluation of the Iranian currency, the rial, in late December and have since evolved into a significant challenge to the legitimacy of Iran’s Supreme Leader, Ayatollah Ali Khamenei.

The U.S.-based Human Rights Activist News Agency (HRANA) reports verifying the deaths of nearly 500 protesters and 48 security personnel in Iran. However, sources suggest the death toll could be much higher. Thousands have reportedly been arrested. An internet blackout since Thursday evening has complicated efforts to gather and verify information, with the BBC and other international news organizations unable to report from within Iran.

Trump has hinted at possible intervention, noting on Sunday that Iranian officials had reached out to negotiate but added, “we may have to act before a meeting.”

International sanctions related to Iran’s nuclear program have severely impacted the country’s economy, further weakened by government mismanagement and corruption. On December 28, shopkeepers in Tehran protested a significant decline in the rial’s value against the U.S. dollar in the open market.

Over the past year, Iran’s currency has reached record lows, and inflation has exceeded 40%, leading to sharp price increases for essentials like cooking oil and meat.


Latest News


  • Hemas Group Reports 12.8% Decline in Profits for December 2025 Quarter

    Hemas Group Reports 12.8% Decline in Profits for December 2025 Quarter

    Sri Lanka’s Hemas Holdings reported a 12.8% decline in group net profit to Rs. 2.6 billion for the December 2025 quarter, compared to the same period last year. The downturn was attributed to high costs and the adverse effects of Cyclone Ditwah on the broader business ecosystem. According to interim results filed with the stock

    Read more


  • Sri Lanka Singer Reports 47% Profit Surge in December 2025 Quarter

    Sri Lanka Singer Reports 47% Profit Surge in December 2025 Quarter

    The profits of Singer Sri Lanka Plc, a prominent consumer durables retailer, surged by 47% to reach 2.1 billion rupees in the December quarter of 2025. This growth was primarily driven by the performance in home appliances and financial services, as per the company’s earnings report. During the same period, revenue increased by 44%, totaling

    Read more