The global non-fungible token market has experienced a significant decline in value, trading volumes, and investor participation since its peak in 2021 and earlyThe global non-fungible token market has experienced a significant decline in value, trading volumes, and investor participation since its peak in 2021 and early

Trump Warns of 25% Tariffs for Countries Trading With Iran

In a move that could hit big economies, President Donald Trump said that countries doing business with Iran will be subject to a 25% tariff on imports, effective immediately.

The announcement comes a day after Trump said that he was considering military operations in Iran and warned the Islamic Republic was starting to cross his threshold for intervention as the death toll from an intensifying crackdown on nationwide protests rises.

The warning comes a little more than a week after the US launched strikes on Caracas and captured Venezuelan strongman leader Nicolás Maduro, an audacious move that served as a reminder of Trump’s willingness to use American military power to achieve his foreign policy goals.

However, data shows that more than 100 countries have traded with Iran on some level in the first half of 2025 and could be affected.

China, Turkey, Pakistan and India were among Iran’s largest trading partners, the data showed.

Trump Raises Risk Of Derailing Trade Talks With China

The threat of 25% tariffs has raised the risk of derailing the US’s fragile trade deal with China, Iran’s largest trading partner.

In response to Trump’s tariff threat, China said it “firmly opposes any illicit unilateral sanctions and long-arm jurisdiction,” while warning that it would take “all necessary measures” to defend its interests, according to a post on X by a spokesperson for the Chinese Embassy in the U.S.

A move towards an increase could be a massive escalation from current tariff levels, easily spiraling into fresh rounds of tit-for-tat escalation, not to mention dashing hopes of US soybean exports to China.

Crypto markets reacted with caution, as geopolitical tensions often fuel volatility. Bitcoin held near $92,000 but faces short-term downside risks from risk-off sentiment, while long-term it could benefit as a hedge against trade disruptions and sanctions evasion in affected regions. Global oil prices edged higher on supply concerns.
Market Opportunity
OFFICIAL TRUMP Logo
OFFICIAL TRUMP Price(TRUMP)
$5.56
$5.56$5.56
-0.01%
USD
OFFICIAL TRUMP (TRUMP) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Markets await Fed’s first 2025 cut, experts bet “this bull market is not even close to over”

Markets await Fed’s first 2025 cut, experts bet “this bull market is not even close to over”

Will the Fed’s first rate cut of 2025 fuel another leg higher for Bitcoin and equities, or does September’s history point to caution? First rate cut of 2025 set against a fragile backdrop The Federal Reserve is widely expected to…
Share
Crypto.news2025/09/18 00:27
WIF price reclaims 200-day moving average

WIF price reclaims 200-day moving average

WIF (WIF) price is entering a critical technical phase as price action reclaims the 200-day moving average, a level that often separates bearish control from bullish
Share
Crypto.news2026/01/13 23:44
China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise

China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise

The post China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise appeared on BitcoinEthereumNews.com. China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise China’s internet regulator has ordered the country’s biggest technology firms, including Alibaba and ByteDance, to stop purchasing Nvidia’s RTX Pro 6000D GPUs. According to the Financial Times, the move shuts down the last major channel for mass supplies of American chips to the Chinese market. Why Beijing Halted Nvidia Purchases Chinese companies had planned to buy tens of thousands of RTX Pro 6000D accelerators and had already begun testing them in servers. But regulators intervened, halting the purchases and signaling stricter controls than earlier measures placed on Nvidia’s H20 chip. Image: Nvidia An audit compared Huawei and Cambricon processors, along with chips developed by Alibaba and Baidu, against Nvidia’s export-approved products. Regulators concluded that Chinese chips had reached performance levels comparable to the restricted U.S. models. This assessment pushed authorities to advise firms to rely more heavily on domestic processors, further tightening Nvidia’s already limited position in China. China’s Drive Toward Tech Independence The decision highlights Beijing’s focus on import substitution — developing self-sufficient chip production to reduce reliance on U.S. supplies. “The signal is now clear: all attention is focused on building a domestic ecosystem,” said a representative of a leading Chinese tech company. Nvidia had unveiled the RTX Pro 6000D in July 2025 during CEO Jensen Huang’s visit to Beijing, in an attempt to keep a foothold in China after Washington restricted exports of its most advanced chips. But momentum is shifting. Industry sources told the Financial Times that Chinese manufacturers plan to triple AI chip production next year to meet growing demand. They believe “domestic supply will now be sufficient without Nvidia.” What It Means for the Future With Huawei, Cambricon, Alibaba, and Baidu stepping up, China is positioning itself for long-term technological independence. Nvidia, meanwhile, faces…
Share
BitcoinEthereumNews2025/09/18 01:37