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Trump imposes 25% tariffs on Iran trade, risking global markets and U.S.-China relations.
U.S. President Donald Trump announced a 25% tariff on countries trading with Iran, threatening to disrupt global trade and strain relations with China, which remains a major indirect buyer of Iranian oil. The move, posted on social media, could raise U.S. tariffs on Chinese goods above 45%, undermining a recent trade truce. China condemned the policy, calling it unilateral and harmful, and vowed to defend its interests, while U.S. enforcement details remain unclear. The announcement has raised concerns about economic stability and diplomatic fallout, especially ahead of Trump’s planned visit to Beijing.
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