itma 2027

Donald Trump Signs Executive Order Targeting Iran’s Trade Partners with Potential New Tariffs

US President Donald Trump has signed an executive order that could impose additional tariffs on imports from countries that directly or indirectly purchase goods or services from Iran, escalating pressure on Tehran and its global trade partners. The order took effect on February 7, according to a White House fact sheet.

Under the directive, the United States may levy extra tariffs on countries maintaining commercial ties with Iran. Trump had already warned last month of possible 25% tariffs on nations continuing business relations with Tehran. The measure could affect trade with several economies, including Germany, Türkiye, Russia, and the United Arab Emirates.

Also Read: Iran Allocates €2 Billion Credit Line to Boost Textile and Apparel Trade with Africa

Scope of the Executive Order

The White House stated that the president may modify the order if circumstances change, including in response to retaliation, or if Iran or affected countries take “significant steps” to address US national security concerns and align with Washington on foreign policy and economic issues.

 

Trump continues to hold Iran responsible for pursuing nuclear capabilities, supporting terrorism, developing ballistic missiles, and destabilising the region. In recent weeks, the US has reportedly deployed a significant military presence to the area, with Trump urging Iran to enter negotiations for what he described as a “fair and equitable deal” that would eliminate nuclear weapons ambitions—or face stronger consequences.

The executive order comes despite reports that the two countries held talks last week, underscoring ongoing tensions and uncertainty surrounding future US–Iran relations and their broader impact on global trade.

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