Trump announces 25% tariff on nations doing business with Iran

Trump announces 25% tariff on nations doing business with Iran

Spread the love

President Donald Trump on Monday said any nation that does business with Iran will face a 25% tariff on imports as massive protests in the Islamic Republic continue into a third week.

Trump’s tariff threat comes after he had threatened potential military intervention in Iran.

“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,” Trump wrote in a social media post. “This Order is final and conclusive.”

Trump told reporters late Sunday evening on board Air Force One that he was considering responding to reports that the Iranian regime is killing protesters. Earlier in the month, the president issued a stern warning to the regime if it retaliated against protesters, as The Center Square previously reported.

“If Iran shoots and violently kills peaceful protesters, which is their custom, the United State of America will come to their rescue. We are locked and loaded and ready to go,” the president posted to Truth Social.

A tariff is a tax on imported goods.

Trump has said he has used tariffs and the threat of tariffs to end eight wars around the globe since re-taking the White House in January 2025.

The Supreme Court is considering a legal challenge over Trump’s use of tariffs under a 1977 law that has never been used for that purpose.

Trump has made tariffs a key part of both his domestic and foreign agendas during his second term. Last April, Trump imposed import taxes of at least 10% on every U.S. trading partner. Since then, the president has suspended, changed, increased, decreased and reimposed tariffs under the 1977 law.

A group of states and small businesses challenged Trump’s tariffs under the 1977 law, winning in two lower courts before the administration appealed to the Supreme Court.

The high court agreed to hear the case on an expedited basis, given the economic stakes at issue. The Trump administration could be forced to refund more than $133.5 billion in tariff revenue to importers if the Supreme Court sides with the states and small businesses in the case.

Businesses have reported that tariffs have pushed up prices for consumers.

Leave a Comment





Latest News Stories

Chicago tax proposals draw concern over legality, 'economic death spiral'

Chicago tax proposals draw concern over legality, ‘economic death spiral’

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Chicago Mayor Brandon Johnson’s allies have launched a seven-figure campaign to support his 2026 budget proposal, but...
Illinois quick hits: Former governor proposes millionaire's surcharge; digital state ID launched

Illinois quick hits: Former governor proposes millionaire’s surcharge; digital state ID launched

By Jim Talamonti | The Center SquareThe Center Square Former governor proposes millionaire's surcharge Former Gov. Pat Quinn is pushing for a state constitutional amendment requiring Illinois millionaires to pay...
U.S. Senate passes bill to release Epstein files, heads to Trump's desk

U.S. Senate passes bill to release Epstein files, heads to Trump’s desk

By Andrew RiceThe Center Square The U.S. Senate on Tuesday agreed to pass a bill by unanimous consent requiring the U.S. attorney general to release all documents related to convicted...
Louisiana Rep. Clay Higgins defends Epstein 'no' vote

Louisiana Rep. Clay Higgins defends Epstein ‘no’ vote

By Natalie ChandlerThe Center Square Republican Rep. Clay Higgins of Lafayette, the only House lawmaker who voted against releasing documents associated with convicted sex offender Jeffrey Epstein on Tuesday, said...
Abbott designates Muslim Brotherhood, CAIR as foreign terrorist organizations

Abbott designates Muslim Brotherhood, CAIR as foreign terrorist organizations

By Bethany BlankleyThe Center Square Gov. Greg Abbott is the first governor in the United States to designate two Muslim groups as Foreign Terrorist and Transnational Criminal Organizations. On Tuesday,...
Judge blocks feds from freezing California education funding

Judge blocks feds from freezing California education funding

By Esther WickhamThe Center Square A federal judge blocked the Trump administration from freezing University of California's federal funding over alleged violation of anti-discrimination laws. U.S. District Judge Rita Lin...
Texas appealing El Paso court ruling against new congressional maps

Texas appealing El Paso court ruling against new congressional maps

By Bethany BlankleyThe Center Square Texas is appealing a federal district court ruling in a lawsuit filed over its new redistricting law. On Tuesday, a panel of three judges on...
Elections board drops campaign finance fines against IL Senate President

Elections board drops campaign finance fines against IL Senate President

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – The campaign finance violation against Illinois Senate President Don Harmon, D-Oak Park, is over after the Illinois...
Senate gears up for Epstein vote

Senate gears up for Epstein vote

By Andrew RiceThe Center Square The U.S. Senate is preparing to vote as soon as late Tuesday on a bill forcing the Department of Justice to release documents associated with...
Illinois corrections officials say they are on schedule for prison mail scan rule

Illinois corrections officials say they are on schedule for prison mail scan rule

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Illinois Department of Corrections officials are promising to have a permanent rule on electronic mail scanning drafted...
Asset managers retreat from ESG push, report finds

Asset managers retreat from ESG push, report finds

By Tom JoyceThe Center Square Many of the largest asset managers in the United States have sharply reduced their support for environmental, social, and governance (ESG) investing during the most...
U.S. House passes bill to release Epstein files, moves to Senate

U.S. House passes bill to release Epstein files, moves to Senate

By Andrew RiceThe Center Square The U.S. House of Representatives passed a bipartisan bill for the release of documents associated with convicted sex offender Jeffrey Epstein. “This is about the...
Policy expert: How will GOP pay for its plan to send tax dollars to flex spending plans?

Policy expert: How will GOP pay for its plan to send tax dollars to flex spending plans?

By Tate MillerThe Center Square Congressional Republicans are proposing sending government subsidies to flexible spending plans, with an expert suggesting that tax dollars saved by reducing Medicare fraud could be...
Trade expert calls on Trump to eliminate all tariffs

Trade expert calls on Trump to eliminate all tariffs

By Brett RowlandThe Center Square A trade expert is calling on President Donald Trump to eliminate all tariffs after the president exempted more than 200 food products to reduce consumer...
Colorado reports largest fentanyl pill seizure in state history

Colorado reports largest fentanyl pill seizure in state history

By Elyse ApelThe Center Square Colorado law enforcement seized its largest stash of illegal fentanyl pills in state history. It was also the sixth-largest one-time fentanyl pill seizure in U.S....