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Trump says any country doing business with Iran will face 25% U.S. tariff (www.cnbc.com)

submitted 3 months ago by IndustryStandard@lemmy.world to c/worldnews@lemmy.ml

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President Donald Trump on Monday said any country doing business with Iran will face a 25% tariff “on any and all business being done with the United States of America.”

That new tariff on imports from Iran’s trading partners is “effective immediately,” Trump said in a Truth Social post.

“This Order is final and conclusive. Thank you for your attention to this matter!” he wrote.

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[–] humanspiral@lemmy.ca 13 points 3 months ago (1 children)

To be cancelled when China retaliates, with same measures it imposed for "port fees"

US/Trump likes to dress up a lot of evil as "for the people of the affected countries". But wrecking economy makes it harder on the people. US and its companies could have secured Venezuela oil for $100B investment a long time ago.

[–] eldavi@lemmy.ml 2 points 3 months ago

china is non-interventionist; they won't get involved like they didn't with gaza and venezuela.