President Donald Trump said on Monday that countries that do business with Iran will face a new 25% tariff. The announcement appears to mean goods from China, a major trading partner of both Iran and the United States, would become significantly more expensive to import.
“Effective immediately, any Country doing business with the Islamic Republic of Iran will pay a Tariff of 25% on any and all business being done with the United States of America,” Trump wrote on Truth Social on Monday. “This Order is final and conclusive,” he added.
The White House declined to share additional information on the tariff and how the Trump administration plans to implement it, referring CNN to the president’s post. Trump, in an address to the Detroit Economic Club on Tuesday, said the tariffs “just went into effect” that day. But the White House has yet to publish any executive actions related to the tariffs.
Trump did not define what qualifies as “doing business” with Iran. The post raised a number of questions, including how these additional tariffs could work, which countries would be targeted and whether services and not just goods would face higher duties
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Dec 17 2025
Nigeria and the Islamic Republic of Iran have reaffirmed their commitment to deepening bilateral relations, with a renewed focus on trade, investment, energy cooperation, and multilateral engagement, following a high-level meeting held on 17 December 2025 at the Ministry of Foreign Affairs, Abuja.
The meeting brought together the Permanent Secretary, Ministry of Foreign Affairs, His Excellency, Ambassador Dunoma Umar Ahmed, PhD, and the Ambassador of the Islamic Republic of Iran to Nigeria, H.E. Gholamreza Madhavi Raja, marking one of the first formal engagements after the Iranian envoy presented his Letters of Credence to President Bola Ahmed Tinubu.
Speaking during the meeting, Ambassador Raja underscored Nigeria’s strategic importance in Iran’s foreign policy, describing the country as a gateway to West Africa and a critical partner for engagement with the African continent
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Nigeria-U.S. trade involves significant flows of crude oil, agricultural products (cocoa, wheat), vehicles, and machinery, totaling over $10 billion annually, with the U.S. being a major investor in Nigeria’s energy sector, though recent trade policies and visa restrictions have created challenges and shifted some trade dynamics towards Asia and Europe, according to U.S. Trade Representative,
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