Trump's 25% Tariff Hits Iran Traders, Rattles China Truce
Edited By WION Video Desk
Published: Jan 14, 2026, 16:51 IST | Updated: Jan 14, 2026, 16:51 IST
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President Trump declared immediate 25% tariffs on countries doing business with Iran via Truth Social on January 12, 2026, potentially raising China import rates to 45% from 20%. The vague order lacks implementation details, targeting nations like China-handling over 90% of Iran's non-oil trade-and risks derailing the fragile US-China truce ahead of planned April summits.
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