US President Trump says any countries doing business with Iran are to pay a 25% tariff on any or all business being done with the US
This announcement from President Trump escalates trade tensions, imposing a significant tariff on countries interacting with Iran, likely impacting forex markets and commodities.
At least two unsanctioned supertankers are departing Venezuelan waters carrying crude oil, according to reports citing TankerTrackers
US Treasury Secretary Bessent posts that he was pleased to hear a strong, shared desire to quickly address key vulnerabilities in critical minerals supply chains; "I am optimistic that nations will pursue prudent derisking over decoupling"
US President Trump says any countries doing business with Iran are to pay a 25% tariff on any or all business being done with the US
Newsquawk Daily Asia-Pac Opening News - 13th January 2026
Newsquawk US Market Wrap: Dollar hit and curve steepens on DoJ Fed probe
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The move could lead to increased volatility, particularly in energy markets like oil and may trigger reactions in safe-haven assets such as gold. Investors should gauge how this affects broader trade relationships and currency valuations moving forward.
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