As Iran’s biggest trading partner and largest oil purchaser, China tops the list of countries that could face an additional 25 percent tariff after President Donald Trump’s Monday announcement.
Trump posted on Truth Social that all countries doing business with Iran will pay a 25 percent tariff “on any and all business being done with the United States,” hours after signaling that airstrikes or other measures against Iran were on the table.
The White House has not yet published an executive order detailing the new tariff, and Trump has not provided additional details.
According to World Bank data, China accounts for 27.72 percent of Iran’s trade, with Iran also purchasing 26 percent of its goods from China….
China Tops List of Countries That Could Face Trump’s Iran Tariff Threat
