China’s US embassy decries ‘coercion’ after Trump slaps 25% tariffs on Iran trade partners

US President Donald Trump on Monday announced sweeping new tariffs targeting nations maintaining commercial ties with Iran. Effective immediately, the US will impose a 25 per cent tariff on all goods and services imported from any country that “does business” with Iran, Trump said in a social media post. The president characterised the order as “final and conclusive”. “Effective immediately, any country doing business with the Islamic Republic of Iran will pay a tariff of 25% on any and all...