economic

Trump Signs Executive Order on Iran Maximum Pressure

| Iran Conflict

President Trump signed an executive order authorizing up to 25% tariffs on countries conducting trade with Iran, as part of a broader maximum pressure campaign. The order directs the Treasury secretary to impose maximum economic pressure including driving Iran's oil exports to zero, while the State Department was ordered to lead a diplomatic campaign to isolate Tehran. Trump described the measures as 'very tough' but said he remained open to a deal.

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