'Trade with Iran, Pay the Price': Trump Slaps 25% Tariff on Partner Nations

Washington: Taking a big and tough decision, US President Donald Trump has announced the imposition of a 25 percent tariff on countries doing business with Iran. Trump said that this order will be implemented immediately and there will be no relaxation in it. He has called it a “final and decisive decision”.

Why was this step taken?

The meaning of this decision is clear. Any country that does oil, gas, or any kind of trade with Iran will have to pay an additional 25 percent duty on its trade with the US. This will make it expensive for such countries to sell goods to America and will have a direct impact on their profits.

The Trump administration says that this step has been taken to increase pressure on Iran. America has been angry with Iran's policies and the attitude of its government for a long time. Iran has witnessed massive protests in recent months, with hundreds of deaths and thousands of arrests reported. America alleges that the Iranian government is taking strict action against its own citizens and human rights are being violated.

Which countries may be affected?

This tariff may affect many big countries. Countries such as China, India, Türkiye, the United Arab Emirates and Russia have been continuously doing business with Iran, especially in the energy and oil sectors. Now these countries will have to think about whether they should continue trade with Iran or give priority to their business relations with America.

Will this have a direct impact on global trade?

Trade experts believe that this decision can create a stir in the international market. If big countries distance themselves from Iran, the economy there may weaken further. At the same time, if they continue business without caring about America, they may have to suffer losses in the American market.

Has tension increased between America and Iran?

At present, the entire legal structure of this order has not been made public by the White House, but after Trump's statement it has become clear that America is in no mood to back down on this issue. This decision can have a deep impact on both global politics and business in the coming days.