President Donald Trump on Monday shared that he is placing a 25 percent tariff on any country that does business with Iran.
Trump took to Truth Social in the late afternoon to announce the action.
“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,” he wrote. “This Order is final and conclusive.”
Hours earlier, White House press secretary Karoline Leavitt told reporters that Trump has all options on the table, ranging from air strikes to diplomacy, in a potential response to the Iranian regime’s crackdown on protesters.
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