Trump warns of 25% tariff on countries doing business with Iran
Donald Trump, the United States president, has warned that any country doing business with Iran will face a 25 percent tariff on trade with the United States, sharply escalating pressure on Tehran as deadly anti-government protests continue.
In a post on Truth Social, Trump said the tariff would take effect immediately and described the decision as “final and conclusive”. The White House did not provide details on how the measure would be enforced or what level of commercial engagement would trigger the penalty.
The move could have major implications for China, one of Iran’s largest trading partners and a key buyer of its sanctioned oil. If fully applied, tariffs on Chinese goods entering the United States could rise to at least 45 percent , up from the current 20 percent .
China calls for non-interference in Iran
China has urged non-interference in Iran’s internal affairs amid the ongoing protests, rejecting the use or threat of force in international relations.
Mao Ning, foreign ministry spokeswoman, said Beijing opposes external intervention and hopes Iran’s government and people can overcome current challenges and maintain stability. She added that there were no reports of Chinese citizens being harmed in the unrest. China maintains close economic and energy ties with Iran, including oil imports.
Oil prices hit seven-week high on Iran export concerns
Oil prices settled at seven-week highs amid concerns that Iran’s exports could decline as the government intensifies its crackdown on protests and faces mounting international pressure.
Brent crude rose 0.8% to settle at $63.87 a barrel, while US West Texas Intermediate gained 0.6% to $59.50. Gains were capped by expectations of increased supply from Venezuela, another sanctioned OPEC producer.
Indonesia plans nationwide single rice price from 2026
Indonesia says it plans to introduce a nationwide single rice price policy in 2026 to reduce regional price disparities.
Zulkifli Hasan, coordinating minister for food affairs, said the government would support distribution financing to ensure uniform pricing, particularly in eastern regions. The policy will rely on a stronger role for state logistics agency Bulog to manage distribution and maintain price stability.
Greenland pushes back against Trump’s takeover rhetoric
Greenland’s prime minister, Jens Frederik Nielsen, has said the Arctic territory wants to remain part of Denmark and has no interest in joining the United States, rebuffing renewed calls by Donald Trump to take control of the island.
Speaking alongside Mette Frederiksen, Denmark’s prime minister, Nielsen said Greenland faced growing geopolitical pressure but its choice was clear. “If we have to choose between the United States and Denmark, we choose Denmark,” he said.
