After the statement by U.S. President Donald Trump about 25% tariffs on all goods and services for countries that do business with Iran, many questions remain unanswered.
Source: Gazeta.UA
It is unclear what exactly he meant by countries that “trade with Iran,” writes Handelsblatt.
Iran’s most important trading partners include China, India, the Emirates, and Turkey. EU countries also trade with Iran on a limited scale, despite sanctions and political obstacles.
“Trump spoke of a ‘final order’ that takes effect immediately. However, the White House has not yet published such a presidential decree,” the publication writes.
The head of the White House announced the immediate entry into force of the order on January 12 on the social network Truth Social.
“From this very moment, any country that does business with the Islamic Republic of Iran will pay a 25% tariff on all goods and services, as well as on any business conducted with the United States of America. This order is final and non-confirming,” Trump wrote.
Earlier, due to purchases of Russian oil, Trump imposed tariffs of up to 50% on goods from India. Both sides have been working on an agreement for several months.
The protests that have been ongoing in Iran for several weeks have escalated into a direct confrontation with the regime in Tehran. New U.S. tariff sanctions could pose the most serious challenge to the governing system of the Islamic Republic since 1979, writes Bloomberg.
On Monday, January 12, the U.S. Virtual Embassy in Iran issued a warning urging U.S. citizens to evacuate Iran immediately. There is a threat of the protests escalating, as well as the possibility of foreign military intervention.
Supreme Leader Ali Khamenei on the eve congratulated the Iranian people on what he called “massive” demonstrations in support of the ayatollah regime. He considers these events an eloquent response to threats from “American politicians,” writes France 24.
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