US President Trump says a country supplying military weapons to Iran will be immediately tariffed, on any and all goods sold to the US, 50% effective immediately; no exemptions

President Trump's announcement of a 50% tariff on goods from any country supplying military weapons to Iran marks a significant escalation in U.S. trade policy. This could heighten tensions in global markets, particularly impacting commodities like oil and gold, while also influencing forex rates as traders reassess geopolitical risk.