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US Imposes 25% Tariff on Goods from Countries Trading with Iran
Former U.S. President Donald Trump has announced a 25% tariff on goods imported from any country that trades with Iran, a move that has prompted a response from Latvia and the European Union.The tariff, announced on “Truth Social” on January 8, 2024, is intended to pressure Iran amid ongoing protests and concerns over its human rights record. as of January 16, 2026, it remains unclear if the Biden administration has formalized this policy into law.
Latvia’s Response and
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