Trade Wahala Don Set! Trump Slam 25% Tariff On Any Country Wey Still Dey Do Business With Iran
Global market don enter tension as former US President Donald Trump has announced a tough new economic move against Iran and any country still trading with Tehran. In a statement on his Truth social platform, Trump declared that any nation doing business with the Islamic Republic of Iran will now face a 25 percent tariff on all trade with the United States. According to him, the order takes effect immediately and is “final and conclusive.” The announcement, which has already sparked heavy reactions online, did not explain how the policy would be enforced or which countries would be directly affected. Trump, who previously pulled the US out of the Iran nuclear deal in 2018 and imposed heavy sanctions, is now pushing an even harder line. Analysts warn that such a blanket tariff could hit US allies and major economies that still maintain commercial ties with Iran, raising serious legal and diplomatic questions under international trade rules. As of now, the White House and US Treasury have not clarified whether the move is official policy or campaign talk, while Iran has yet to respond. One thing is clear: global trade wahala don start.
Global market don enter tension as former US President Donald Trump has announced a tough new economic move against Iran and any country still trading with Tehran. In a statement on his Truth social platform, Trump declared that any nation doing business with the Islamic Republic of Iran will now face a 25 percent tariff on all trade with the United States. According to him, the order takes effect immediately and is “final and conclusive.” The announcement, which has already sparked heavy reactions online, did not explain how the policy would be enforced or which countries would be directly affected. Trump, who previously pulled the US out of the Iran nuclear deal in 2018 and imposed heavy sanctions, is now pushing an even harder line. Analysts warn that such a blanket tariff could hit US allies and major economies that still maintain commercial ties with Iran, raising serious legal and diplomatic questions under international trade rules. As of now, the White House and US Treasury have not clarified whether the move is official policy or campaign talk, while Iran has yet to respond. One thing is clear: global trade wahala don start.
Trade Wahala Don Set! Trump Slam 25% Tariff On Any Country Wey Still Dey Do Business With Iran
Global market don enter tension as former US President Donald Trump has announced a tough new economic move against Iran and any country still trading with Tehran. In a statement on his Truth social platform, Trump declared that any nation doing business with the Islamic Republic of Iran will now face a 25 percent tariff on all trade with the United States. According to him, the order takes effect immediately and is “final and conclusive.” The announcement, which has already sparked heavy reactions online, did not explain how the policy would be enforced or which countries would be directly affected. Trump, who previously pulled the US out of the Iran nuclear deal in 2018 and imposed heavy sanctions, is now pushing an even harder line. Analysts warn that such a blanket tariff could hit US allies and major economies that still maintain commercial ties with Iran, raising serious legal and diplomatic questions under international trade rules. As of now, the White House and US Treasury have not clarified whether the move is official policy or campaign talk, while Iran has yet to respond. One thing is clear: global trade wahala don start.
0 Comments
·0 Shares
·833 Views
