Business Brief (April 9): Trump Threatens Tariffs Over Arms to Iran

Published: Apr. 9, 2026 6:26 p.m. GMT+8

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Trump threatens tariffs over arms to Iran

U.S. President Donald Trump said that the U.S. is considering jointly managing the Strait of Hormuz with Iran to ensure the security of the waterway and prevent potential threats. He also threatened to immediately impose an additional 50% tariff on all goods from any country that supplies weapons to Iran.

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Trump proposes US-Iran joint management of Strait of Hormuz and 50% tariffs on goods from countries supplying arms to Iran.
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