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Trump Says 25% Tariff to Be Imposed on Countries Doing Business With Iran

President Donald Trump said on social media Jan. 12 that he will, “[e]ffective immediately,” impose a 25% tariff on “any Country doing business” with Iran. The tariffs will cover “any and all business being done with the United States of America,” he said.

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“This Order is final and conclusive,” he said. As of press time, the White House has not issued any executive order or proclamation setting the tariffs.