Trump threatens tariffs of 50% on countries 'supplying military weapons to Iran'
President Donald Trump says the U.S. will impose tariffs of 50% on goods imported to the country from any nation "supplying military weapons to Iran."
President Donald Trump says the U.S. will impose tariffs of 50% on goods imported to the country from any nation "supplying military weapons to Iran." Grouped from 2 articles across 2 sources.
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President Donald Trump says the U.S. will impose tariffs of 50% on goods imported to the country from any nation "supplying military weapons to Iran."
The war with Iran and its impact on the pivotal Strait of Hormuz has threatened the food supply due to the rising prices of oil and fertilizer. Even before the war, farmers were already feeling the pressure, with rising costs and increased bankruptcy filings. Now that economic toll is even greater. NBC News’ Allie Canal reports on the latest numbers impacting businesses and consumers alike.
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Fears of fuel shortages have been sparked recently as the number of tankers passing through the Strait of Hormuz was reduced to a trickle amid threats from Iran, which experts say effectively controls the waterway.