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    Government/Policy

    February 9, 2026

    Trump signs order paving way for tariffs on nations dealing with Iran

    Written by Ethan Bernard

    President Trump signed an Executive Order (EO) on Feb. 6, allowing the administration to impose tariffs on countries that do business with Iran.

    The EO gave the example of a 25% ad valorem tariff that “may be imposed on goods imported into the United States that are products of any country that directly or indirectly purchases, imports, or otherwise acquires any goods or services from Iran.”

    Ethan Bernard

    Ethan Bernard is managing editor for Steel Market Update. He previously worked for American Metal Market as a copy editor in the New York office for two years, starting in 2008. Later, he copy edited AMM’s monthly magazine on a freelance basis from 2015 until 2017. With experience in financial copywriting and textbook publishing, he holds a BA in Comparative Literature from UC Berkeley, and an MFA in Creative Writing from New York University. He can be reached at ethan@steelmarketupdate.com or 724-759-7871.

    Read more from Ethan Bernard

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