Which countries do business with Iran and what could US tariffs mean?

The article discusses the potential impact of U.S. tariffs on countries that do business with Iran. President Donald Trump has announced a 25% tariff on countries that trade with Iran, following the country's harsh crackdown on anti-government protests. The article highlights that several countries, including China, India, and Turkey, continue to do business with Iran despite U.S. sanctions. These countries rely on Iranian oil and have resisted U.S. pressure to cut ties with Iran. The potential tariffs could have significant economic consequences for these countries, as their trade with Iran represents a substantial portion of their overall trade. The article notes that the move is part of the U.S. government's broader efforts to isolate Iran and pressure it to curb its nuclear program and support for regional proxy groups. The article emphasizes that the situation remains fluid, and the ultimate impact of the tariffs will depend on how countries respond and the extent to which they are willing to risk U.S. retaliation to maintain their economic ties with Iran.

Jan 13, 2026 → Jan 13, 2026