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Trump pressures Iran with tariffs that could raise prices in the US
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Shops are closed during protests in Tehran's centuries-old main bazaar, Iran, Tuesday, Jan. 6, 2026. - photo by AP Photo/Vahid Salemi
WASHINGTON (AP) — President Donald Trump has once again drawn his go-to diplomatic weapon — tariffs, this time to coerce the Iranian government to end its bloody crackdown on nationwide protests. Trump said in a social media post on Monday he would impose a 25% tax on imports to the United States from countries that do business with Iran. The sanctions could hurt the Islamic Republic by reducing its access to foreign goods and driving up prices, which would likely inflame tensions in a country where inflation is running above 40%.