Trump's tariff on Iran's trading partners: What's at stake?

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• 00:42

  Trump reaches for tariffs again this time over Iran.

• 00:53

  Welcome to World Business Report from the BBC World Service.

• 00:59

  I'm Sam Fennick,

• 01:00

  US President Donald Trump has announced a 25 percent tax on goods from any country doing business with Iran.

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  It's a move that could hit Tehran's biggest trading partners like China.

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  Could it destabilize the fragile trade truce between Beijing and Washington?

• 01:18

  Also today,

• 01:19

  the world's most powerful bankers are lining up against the world's most powerful economy.

• 01:30

  So President Donald Trump has returned to his favorite word, tariff.

• 01:36

  He's announced a 25% import tax on goods from any country that does business with Iran.

• 01:43

  Here is the president speaking at the Detroit Economic Club in Michigan on Tuesday.

• 01:48

  I've cancelled all meetings with the Iranian officials until the senseless killing of protesters stops.

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  And all I say to them is help is on its way.

• 01:57

  You saw that I put tariffs on anybody doing business with Iran.

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