Trump Imposes 25% Tariffs on Iran Trade

Iran is attempting ⁣to regain control after more than two⁢ weeks of deadly ‌protests that have crippled teh country. Thousands gathered in Tehran and other cities for a ‍counter-exhibition ​supporting the islamic Republic, and a diplomatic channel with the United ⁤states​ has been activated, confirmed by ‌Donald Trump, in‌ an effort to de-escalate U.S. threats of military⁣ intervention.

For ⁢now, the American⁣ president has opted to hit the ayatollahs with secondary ⁢sanctions, which risk strangling Iran’s already⁣ struggling economy.”Effective immediately,” Trump announced on Truth Social, “any country doing business with the ​Islamic Republic of Iran will be⁤ subject to a 25% tariff on ​all transactions with ​the⁣ United States. This order ‌is final ‍and binding.”

“The Islamic Republic‌ of Iran ‍does not seek war,but is fully ⁤prepared ‌for war,” warned ‌Foreign Minister Abbas Araghchi,while together opening the door to negotiations,provided they are “fair,with equal rights and ⁤based on mutual respect.” Araghchi also ‌revealed ⁣the opening of a “communication channel with the special envoy⁢ of the President of the United States,” Steve⁢ Witkoff. According to Axios,⁤ tehran hopes to ease tensions​ with​ Washington or, at least, buy ⁤time. Trump reported that a meeting between representatives ⁢of the two countries ‌- which have no direct diplomatic ⁢relations – is even being prepared.

“Iranian leadership has called,” the ⁢tycoon ‌said Saturday, while still maintaining pressure on the ayatollahs. The ‌U.S. could “do ⁤much more,” he added.