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Trump order threatens tariffs on Iran trade partners

The flag of Iran flutters in the wind outside of the IAEA headquarters during the International Atomic Energy Agency IAEA's Board of Governors meeting at the agency's headquarters in Vienna, Austria, on November 20, 2024. Western countries on November 20, 2024 formally submitted a new resolution critical of Iran at the International Atomic Energy Agency ahead of its board meeting, diplomatic sources said. (Photo by Joe Klamar / AFP)

US President Donald Trump on Friday signed an executive order threatening tariffs on countries that still do business with Iran, a group that includes Turkey, after he pledged a further round of talks with Tehran next week.

The order, effective from Saturday, called for a fresh “imposition of tariffs” on countries still doing business with Iran.

It comes amid heightened tensions between Washington and Tehran, with an American naval group led by an aircraft carrier in Middle Eastern waters and indirect talks held on Tehran’s nuclear program in Oman on Friday.

The levies “may be imposed on goods imported into the United States that are products of any country that directly or indirectly purchases, imports, or otherwise acquires any goods or services from Iran,” the order said.

Trump issued a threat of 25 percent tariffs on any country trading with Iran last month.

This order establishes a process for his administration to impose tariffs on goods from those countries.

The rate is to be determined by Secretary of State Marco Rubio, although the order specifies that it could be “for example” 25 percent, the level first mentioned by the US president in mid-January.

Tariffs would affect trade with a number of countries including Russia, Germany, Turkey and the United Arab Emirates.

More than a quarter of Iran’s trade is with China, with $18 billion in imports and $14.5 billion in exports in 2024, according to World Trade Organization data.

The talks on Friday in Muscat, mediated by Oman, were the first between the two foes since the United States joined Israel’s war with Iran in June with strikes on nuclear sites.

“We likewise had very good talks on Iran,” Trump told reporters on board Air Force One en route to his Mar-a-Lago resort in Florida, adding, “We’re going to meet again early next week.”

Diplomatic relations between Iran and the US broke down with the 1979 Islamic Revolution that brought the current government to power after hostages were taken at the US Embassy in Tehran for 444 days.

Direct engagement has been rare in the decades since.

Iran remains under an internet blackout amid a harsh government crackdown on economic protests that began in December across the country.

The US-based Human Rights Activists News Agency said Friday it has confirmed 6,505 protesters were killed, as well as 214 members of the security forces and 61 bystanders.

© Agence France-Presse

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