James Durso
On 12 January 2026, U.S. President Donald Trump announced, “Effective immediately, any Country doing business with the Islamic Republic of Iran will pay a Tariff of 25% on any and all business being done with the United States of America.”
Trump’s announcement aims to weaken the government of the Islamic Republic in the wake of weeks of protests against the government, sparked by a weak economy. Trump told the protesters to keep fighting their government and that “help is on the way.”
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