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Trump says countries doing business with Iran face 25% tariff

AL-MONITOR
Jan 12, 2026
FILE PHOTO: U.S. President Donald Trump looks on as he signs executive orders and proclamations in the Oval Office at the White House, in Washington, D.C., U.S., May 5, 2025. REUTERS/Leah Millis/File Photo
FILE PHOTO: U.S. President Donald Trump looks on as he signs executive orders and proclamations in the Oval Office at the White House, in Washington, D.C., U.S., May 5, 2025. REUTERS/Leah Millis/File Photo — Leah Millis

WASHINGTON, Jan 12 (Reuters) - U.S. President Donald Trump said on Monday that any country that does business with Iran will be subjected to a tariff rate of 25% on any business conducted with the United States.

"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 said in a post on Truth Social.

"This Order is final and conclusive," he said.

(Reporting by Kanishka Singh and Bhargav Acharya)

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