Why Trump’s sweeping 25% Iran tariffs have revived fears of global trade war

President Donald Trump has implemented a 25 per cent tariff on all of Iran’s trading partners in response to a violent crackdown by Tehran on protesters.
Oil prices jumped to the highest levels since November in the aftermath of the announcement, sparking concerns about an impact on the global economy.
The US leader has been unequivocal about using military force in Iran if protesters are killed and will discuss “several options” with senior military officials on Tuesday.
Experts say his latest strategy is an attempt to strong-arm the country into compliance – but the Supreme Court has struck down his previous tariff policy.
The Independent looks at whether the announcement of new tariffs on Iran’s economic allies will have a widespread economic impact.
open image in galleryA crowd gathers during a pro-government rally on Monday in Tehran, Iran (Getty)What does Trump’s tariff policy entail?The US president’s announcement came in a characteristically bombastic Truth Social post on M..

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More than 2,000 people reported killed at Iran protests as Trump says ‘help is on its way’

More than 2,000 people reported killed at Iran protests as Trump says 'help is on its way'1 hour agoShareSaveDavid GrittenandPaul Adams,Diplomatic correspondentShareSaveReutersArmed security forces were deployed at a pro-government rally in Tehran on MondayMore than 2,000 people have been killed during the violent crackdown by security forces on protests in Iran, a human rights group has said, as President Trump promised Iranians that help was “on its way”.
The US-based Human Rights Activists News Agency (HRANA) reported that it had so far confirmed the killing of 1,850 protesters, 135 people affiliated with the government and nine uninvolved civilians as well as nine children over the last 17 days despite an internet blackout.
An Iranian official also told Reuters that 2,000 people had been killed but that “terrorists” were to blame.
Trump will attend a meeting about Iran on Tuesday evening, and has pledged to get “accurate ” death toll figures.
“The killing looks like it&#0..

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Bowen: Authoritarian regimes die gradually then suddenly, but Iran is not there yet

Bowen: Authoritarian regimes die gradually then suddenly, but Iran is not there yet13 hours agoShareSaveJeremy BowenInternational editorShareSaveMortuary videos shows violent government crackdown in IranHow does an authoritarian regime die? As Ernest Hemingway famously said about going broke – gradually then suddenly.
The protesters in Iran and their supporters abroad were hoping that the Islamic regime in Tehran was at the suddenly stage. The signs are, if it is dying, it is still at gradual.
The last two weeks of unrest add up to a big crisis for the regime. Iranian anger and frustration have exploded into the streets before, but the latest explosion comes on top of all the military blows inflicted on Iran in the last two years by the US and Israel.
But more significant for hard-pressed Iranians struggling to feed their families has been the impact of sanctions.
In the latest blow for the Iranian economy, all the UN sanctions lifted under the now dead 2015 nuclear deal were reimpos..

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Dubai International Airport introduces ticketless e-wallet parking across all terminals

Dubai Airports and Salik sign a 10-year deal to introduce seamless e-wallet parking / AI Image for Illustration Starting your next holiday from Dubai International (DXB) is about to get a lot smoother. In a major move to end the era of paper tickets and long queues at payment machines, Dubai Airports and Salik Company PJSC have officially signed a landmark 10-year agreement. This partnership brings the same “drive-through” convenience you enjoy on the highways directly to the airport parking lots. DXB and Salik unites for smart parkingDubai Airports has teamed up with Salik, Dubai’s road toll operator, in a new 10-year partnership to bring e-wallet parking payments to Dubai International Airport (DXB), one of the world’s busiest airports. The agreement, signed in a ceremony attended by Sheikh Ahmed bin Saeed Al Maktoum of Dubai Airports and Mattar Al Tayer, Chairman of Salik, marks a significant step towards smarter, more efficient parking management at the airport.Under this deal, dri..

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‘We’re losing our country’: Viral Dallas clip by TPUSA influencer fuels anti-Indian hate in America

‘This Isn’t America Anymore’: Viral Dallas Video Sparks Racism Against Indian Communities in US A seemingly off-hand social media video sparked a broader and highly charged conversation about race, immigration and identity after Turning Point USA affiliate and influencer Kambree (@KamVTV) shared a viral clip on X (formerly Twitter), claiming that parts of Dallas–Fort Worth, Texas, no longer feel like America and instead likened the area to “India” due to its visible Indian community and businesses. The video, originally tweeted by content creator Wall Street Apes (@WallStreetApes), shows a street lined with Indian grocery stores and eateries and includes the caption, “Americans in Dallas, Texas say they aren’t in Texas anymore, “We’re in India” This is actually wild, we are losing our country “Dallas Texas is the most Indian place in America” (sic).”In her repost, Kambree wrote “It's not just Dallas, it's the ENTIRE DFW area. This started 16 years ago.” amplifying a hostile n..

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China’s central bank sets onshore yuan fixing at strongest point in nearly 16 months

AdvertisementYuanEconomyChina EconomyChina’s central bank sets onshore yuan fixing at strongest point in nearly 16 monthsAnalysts note how Beijing’s policy goals, such as internationalising China’s currency and curbing overcapacity, are aligning with a firmer exchange rate
Reading Time:2 minutesWhy you can trust SCMPSylvia MaPublished: 2:00pm, 13 Jan 2026China’s central bank strengthened the yuan’s daily fixing for a third consecutive session to a nearly 16-month high, as the currency also held firm in offshore markets despite recent US dollar strength.
On Tuesday, the People’s Bank of China set the yuan’s midpoint rate, also known as the daily fixing rate, at 7.0103 to the US dollar – the strongest showing since the end of September 2024, when the rate was set at 7.0074.
That official midpoint rate, however, was still weaker than that of the offshore yuan, which was trading at around 6.97 to the US dollar as of midday Tuesday – in line with broad market expectations that, while the PB..

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China girl, 12, pens essay to thank ‘second dad’ for support, offers him US$140 after job loss

AdvertisementTrending in ChinaPeople & CultureTrending in ChinaChina girl, 12, pens essay to thank ‘second dad’ for support, offers him US$140 after job lossYoungster says she was left ‘shivering in the wind’ after death of father; love from uncle saved her from the darkness
Reading Time:2 minutesWhy you can trust SCMPFran Luin BeijingPublished: 2:00pm, 13 Jan 2026A heartfelt essay by a 12-year-old girl to the uncle who adopted her after her father died has moved many people online.
The essay, titled “My Second Father”, went viral after her uncle, Wei Yi, read it on his social media account.
Wei, 33, and his wife, surnamed Lu, adopted Lu’s niece Jia Jia after her father died from liver cancer in 2024.
Jia Jia’s uncle, Wei Yi, above, could not hold back his tears while reading her essay. Photo: QQ.comJia Jia’s mother is disabled and could not look after her well. Lu’s mother, Jia Jia’s grandmother, was also not in good health, prompting the couple to make the decision.
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Iran protests latest: Trump considers next steps after ordering sweeping sanctions on Tehran’s trade partners

CloseWhite House says Trump isn't ruling out miliary action against Iran over protestsDonald Trump says any country doing business with Iran will face 25 per cent US tariffs “effective immediately”.
The White House also reiterated its threat to use military action against Tehran over its violent crackdown against economic protesters.
At least 646 people have now died in clashes between demonstrators and security forces across Iran, according to a monitoring group.
White House press secretary Karoline Leavitt has told reporters that airstrikes are among the “many, many options” that the US president is considering but that “diplomacy is always the first option for the president”.
“We are ready for war but also for dialogue,” Iranian foreign minister Abbas Araghchi responded.
Mr Trump and his national security team have been weighing a range of potential responses against Iran including cyber-attacks and direct strikes by the US or Israel, according to two people familiar with inter..

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Ukraine-Russia war latest: Four dead after Putin launches major assault on Ukraine’s two largest cities

CloseKyiv strikes oil rigs in Caspian Sea with dramatic drone footage releasedAt least four people have died in Russia's most intense aerial bombardment of Ukraine so far this year, with strikes targeting Kyiv and Kharkiv overnight.
Telegram channels monitoring the conflict suggested as many as 20 ballistic missiles were launched in the space of just an hour overnight, with Kyiv officials confirming the capital suffered a short but powerful onslaught.
In Kharkiv, the strikes claimed four lives and injured at least six others, with missiles striking targets on the outskirts of the northeastern city.
The attack came hours after Russia was roundly condemned at an emergency UN Security Council meeting for firing its Oreshnik hypersonic ballistic missile at Lviv, just 50 miles from the border with Nato member Poland.
US deputy ambassador to the UN Tammy Bruce accused Russia of a “dangerous and inexplicable escalation” of its nearly four-year war in Ukraine at a time when the Trump admi..

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Trump briefed on military and covert options for Iran, sources say

Trump briefed on military and covert options for Iran, sources say60 minutes agoShareSaveDanielle Kaye,Business reporterandClaire KeenanShareSaveMortuary videos shows violent government crackdown in IranPresident Donald Trump has been briefed on a wide range of covert and military tools for use in Iran, two Department of Defense officials told the BBC's US partner, CBS News.
Long-range missile strikes remain an option for a potential US intervention, but Pentagon officials have also presented cyber operations and psychological campaign responses, the sources said.
Trump announced a 25% tariff on goods from countries with commercial ties to Iran on Monday, as rights groups say more than 600 protesters have been killed in three weeks of anti-government protests.
Iran's foreign minister has said Tehran is open to talks with Washington, but remains “prepared for war”.
Trump's national security team is expected to hold a meeting at the White House on Tuesday to discuss opti..

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