Trump signs order threatening tariffs on nations doing business with Iran

U.S. President Donald Trump speaks on the day he announced the creation of a critical mineral reserve, in the Oval Office at the White House, February 2, 2026. REUTERS/Evelyn Hockstein

WASHINGTON, ‌Feb 6 (Reuters) - ‌U.S. President Donald ‌Trump signed an executive order on ‍Friday that ‍may impose ‌a 25% tariff on ‍countries ​that ⁠do business with Iran.

The order ‌comes as tensions ⁠between ‍Iran and U.S. continue ‍to simmer even ‌as the two countries engaged in talks this week.

(Reporting by Jasper Ward ‌and Christian Martinez in Washington; editing ​by Michelle Nichols and Caitlin Webber)