Trump imposes sanctions on trade with Iran
Trump: Countries that trade with Iran will pay an additional 25 percent tax on their trade with the US.
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US President Donald Trump announced that an additional 25 percent customs duty will beapplied tocountriesthat trade with Iran.
Trump shared a post regarding the matter on his account on the US-based social media platform Truth Social.
Countries doing business with Iran will face a 25 percent rate on their tradein customsduties,Trump stated thatthe decision in questionhas immediatelygone intoeffect.
Trump emphasized that this decision is "final and absolute."