Chery cars for export are seen stacked at the port in Lianyungang, in eastern China's Jiangsu province on January 12, 2026. (Photo by AFP via Getty Images) / China OUT
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Trump imposes 25% tariffs on countries that do business with Iran

President Donald Trump has said that all countries that do business with Iran will face a new 25% tariff. CNN's Paula Hancocks discusses what this could mean for trading partners such as China.

3:06 • Source: CNN
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Chery cars for export are seen stacked at the port in Lianyungang, in eastern China's Jiangsu province on January 12, 2026. (Photo by AFP via Getty Images) / China OUT
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Trump imposes 25% tariffs on countries that do business with Iran
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<p>Majority Leader Sen. John Thune told mourners during a tribute at the US Capitol that Sen. Lindsey Graham "spoke up" if he believed he was in the right </p>
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An aerial view shows the damaged Aeon Mall shopping centre after an earthquake with a preliminary magnitude of 7.1 struck Japan's southern Kumamoto prefecture, in Kashima Town, Kumamoto Prefecture, Japan, July 28, 2026. Kyodo/via REUTERS ATTENTION EDITORS - THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. MANDATORY CREDIT. JAPAN OUT. NO COMMERCIAL OR EDITORIAL SALES IN JAPAN.
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