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Trump threatens tariffs on nations trading with Iran

Trump threatens tariffs on nations trading with Iran
Reuters
Reuters

President Trump’s new executive order could impose 25% tariffs on countries conducting business with Iran, escalating economic pressure.

WASHINGTON: US President Donald Trump signed an executive order on Friday that could impose a 25% tariff on countries doing business with Iran. The move escalates economic pressure amid ongoing regional tensions.

The order comes as tensions between Iran and the US continue to simmer. This development follows a week of talks between the two nations.

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