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Trump: Will impose a 25% tariff on all countries trading with Iran

BlockBeats News, January 23rd – According to CCTV.com, U.S. President Trump stated during a speech on Air Force One that his administration is closely monitoring Iran. He warned that the U.S. has a “massive fleet” heading toward Iran.

When asked by reporters about the “secondary tariffs” imposed on Iran, he said the U.S. government will impose a 25% tariff on all countries trading with Iran, and this measure will take effect soon. Trump’s so-called “secondary tariffs” are not a professional term; in essence, they are a monetary sanction tool applied to countries that trade with nations “unfavored” by the U.S.