Tuesday, 02 January 2024 12:17 GMT

Trump Threatens 50% Tariffs On Nations Supplying Weapons To Iran


(MENAFN- Live Mint) US President Donald Trump on Wednesday said nations that are supplying weapons to Iran will be tariffed immediately at 50% on all goods.

In a post on Truth Social, President Donald Trump said:“Country supplying Military Weapons to Iran will be immediately tariffed, on any and all goods sold to the United States of America, 50%, effective immediately. There will be no exclusions or exemptions!”

He also said in a separate post that his administration is "talking Tariff and Sanctions relief with Iran," several hours after he announced a temporary ceasefire with Tehran which had agreed to temporarily reopen the critical Strait of Hormuz.

This is a developing story. Check back later for more updates.

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