EXPLAINER
How will Trump’s new 25% tariff impact Iran’s trading partners?
US president threatens a 25 percent tariff on countries that do business with Iran as he piles pressure on Tehran.
![U.S. President Donald Trump holds a press conference following a U.S. strike on Venezuela where President Nicolas Maduro and his wife, Cilia Flores, were captured, from Trump's Mar-a-Lago club in Palm Beach, Florida, U.S., January 3, 2026. [Jonathan Ernst/Reuters]](/wp-content/uploads/2026/01/2026-01-03T165300Z_824548544_RC2STIA7D0LY_RTRMADP_3_USA-VENEZUELA_cropped-1767460525.jpg?resize=770%2C513&quality=80)
![A screenshot from a US Department of Defense video purporting to show the seizure of a fifth sanctioned oil tanker, the Olina, in the Caribbean Sea on Jan. 9, 2026. [US Department of Defense/AP]](/wp-content/uploads/2026/01/image-1767982895.jpg?resize=770%2C513&quality=80)
![Analysts argue that oil companies might not benefit from the investments amid the economic and geopolitical uncertainties [Norlys Perez/Reuters]](/wp-content/uploads/2026/01/2026-01-08T182735Z_347846966_RC2CWIAQD9A6_RTRMADP_3_USA-VENEZUELA-CUBA-FUEL-1-1767907173.jpg?resize=770%2C513&quality=80)
- list 1 of 10Published on 8 Jan 2026
That’s a wrap from us
- list 2 of 10Published on 8 Jan 2026
Here’s what happened today
- list 3 of 10Published on 8 Jan 2026
Panama says it cancelled flag seized oil tanker
- list 4 of 10Published on 8 Jan 2026
Greenland opposition leader calls for direct talks with US
Published On 8 Jan 2026
