President Donald Trump announced a 25% tariff on any country doing business with Iran, effective immediately, as stated in his social media post on January 12, 2026. This secondary tariff targets all US trade with Iran's partners amid ongoing anti-government protests in Iran. Oil prices have risen in response, with potential impacts on major importers like China and India.

Tariff Details
The policy imposes a flat 25% duty on "any and all business" between the US and nations trading with Iran, though implementation specifics remain unclear. Trump described the order as "final and conclusive" without detailing exemptions or timelines. White House officials have not elaborated further.

Context and Impacts
The announcement coincides with reports of over 600 protester deaths in Iran, prompting Trump to warn of possible military options. It risks disrupting the US-China trade truce, as China buys most Iranian oil. Countries like India, UAE, and Turkey could face higher costs on US exports and imports.

source ndtvprofit