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 aldermen latest calling for US attorney's ouster over 'Broadview Six' case

Chicago aldermen latest calling for US attorney’s ouster over ‘Broadview Six’ case

By Sean Reed | The Center SquareThe Center Square (The Center Square) – A federal prosecutor in Illinois is facing additional calls for his resignation this week by public officials,...
Trump demands Republicans attach voter ID bill to $350 billion for Pentagon

Trump demands Republicans attach voter ID bill to $350 billion for Pentagon

By Thérèse BoudreauxThe Center Square As congressional Republicans recuperate from weeks of disrupted work, President Donald Trump is doubling down on two policy goals consider long-shots by observers: an extra...
Appeals court hears arguments in religous contraception case

Appeals court hears arguments in religous contraception case

By Andrew RiceThe Center Square The U.S. Court of Appeals for the Third Circuit weighed arguments on Tuesday over mandating religious organizations who object to provide access to contraceptives through...
Illinois Quick Hits: New round of EV charging funds announced

Illinois Quick Hits: New round of EV charging funds announced

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – The Illinois Department of Transportation says about $30 million of funding is available for new electric vehicle...
Arrests made during operation targeting India-based gangs

Arrests made during operation targeting India-based gangs

By Chris WoodwardThe Center Square An international crackdown on India-based organized crime gangs has resulted in 24 arrests in the U.S., Canada and Europe. Eleven of the defendants are in...
Seven more counties consider separation, creating new state

Seven more counties consider separation, creating new state

By Jim Talamonti | The Center SquareThe Center Square (The Center Square0 – Voters in seven Illinois counties have a chance to join 33 others that approved referendums to consider...
DHS: Minnesota pardon could 'thwart' deportation of criminal illegal

DHS: Minnesota pardon could ‘thwart’ deportation of criminal illegal

By Elyse ApelThe Center Square The U.S. Department of Homeland Security is criticizing Minnesota’s Board of Pardons after it issued a pardon for a criminal illegal immigrant ahead of his...
Democratic attorneys general oppose latest round of tariffs

Democratic attorneys general oppose latest round of tariffs

By Chris WoodwardThe Center Square California Attorney General Rob Bonta is co-leading a coalition to oppose the Trump administration’s proposed tariffs under Section 301 of the Trade Act of 1974....
Top Democrats pressure Platner to drop Senate bid

Top Democrats pressure Platner to drop Senate bid

By Chris WadeThe Center Square Top Democrats are breaking their silence on Maine U.S. Senate nominee Graham Platner, calling on him to drop out of the race in response to...
Parents applaud denial of child app purchases case

Parents applaud denial of child app purchases case

By Andrew RiceThe Center Square Parental rights organizations applauded the U.S. Supreme Court’s decision to withhold blocking a Texas law preventing minors from making app store purchases. Justices on the...
Taxpayer abortion funding resumes with legislation expiring on July 4

Taxpayer abortion funding resumes with legislation expiring on July 4

By Tate RosentreterThe Center Square Abortion is once again funded with federal tax dollars through Medicaid, as the legislation preventing taxpayers’ money from such a use expired on the 250th...
Illinois Quick Hits: Indiana governor touts True Value move from Illinois

Illinois Quick Hits: Indiana governor touts True Value move from Illinois

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Do it Best Group says relocating its True Value hardware headquarters from Chicago to Do It Best’s...

Dem leaders want transparency, unsure if ethics report will be released

By Sean Reed | The Center SquareThe Center Square (The Center Square) – After state Rep. Harry Benton stepped down from his seat after findings in an ethics investigation, top...
Social Security Admin to fast-track Trump Account enrollment for eligible kids

Social Security Admin to fast-track Trump Account enrollment for eligible kids

By Morgan SweeneyThe Center Square The Treasury Department may be doing the heavy lifting when it comes to Trump Accounts, but the Social Security Administration is also working to ensure...
Flash index shows rising tax receipts in Illinois

Flash index shows rising tax receipts in Illinois

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Illinois income tax and sales tax receipts are up for the fiscal year that ended on June...