Trump Says Countries Doing Business With Iran Will Pay 25 Percent Tariff

A day earlier, the president said Iranian officials reached out to the White House about a potential nuclear deal.President Donald Trump speaks during a meeting with US oil companies executives in the East Room of the White House on Jan. 9, 2026. SAUL LOEB / AFP via Getty Images1/12/2026|Updated: 1/12/2026President Donald Trump announced on Jan. 12 that countries trading with Iran will face a 25 percent tariff.The announcement comes as the Islamic Republic’s regime grapples with some of the most significant protests since it took over the secular monarchy of the shah in 1979.Jack PhillipsBreaking News ReporterJack Phillips is a breaking news reporter who covers a range of topics, including politics, U.S., and health news. A father of two, Jack grew up in California’s Central Valley. Follow him on X: https://twitter.com/jackphillips5Author’s Selected Articles