What countries do business with Iran and what could new US tariffs mean?
BBC • • general
Key Points:
- US President Donald Trump announced a 25% tariff on any country doing business with Iran, aiming to pressure nations trading with the Islamic Republic amid ongoing anti-government protests in Iran.
- Iran's main trade partners include China, Iraq, the United Arab Emirates, and Turkey, with China being the largest export customer, importing over $14 billion worth of goods, mostly fuel-related products.
- Details on how the tariff will be implemented remain unclear, including which countries it will target, whether it will stack on existing tariffs, and under what legal authority it will be enforced.
- The tariff risks escalating tensions with China, which already faces average US tariffs of around 30.8%, and Beijing has warned it will respond to protect its interests, potentially impacting
