Trump Will Impose 25% Tariff on Countries Doing Business With Iran

Watch on YouTube ↗  |  January 13, 2026 at 17:24  |  6:21  |  Bloomberg Markets
Speakers
Leslie Vinjamuri — President & CEO at the Chicago Council on Global Affairs

Summary

Leslie Vinjamuri, President & CEO at the Chicago Council on Global Affairs, discusses President Trump's early 2026 foreign policy, including Venezuela, Greenland, and Iran. She examines Trump's 25% tariff threat on countries doing business with Iran as a secondary-sanctions move likely to hit China. On Iran, she expects sanctions pressure to continue while near-term military force is uncertain. She warns that US pressure over Greenland could rupture US-Europe relations and also comments on US institutional pushback.

  • Trump threatens a 25% tariff on countries doing business with Iran.
  • Leslie Vinjamuri says the move is a secondary-sanctions crackdown that hits China.
  • She is skeptical of near-term US military force against Iran, seeing sanctions as a first step.
  • She calls Greenland a live issue that could rupture US-Europe relations.
  • US domestic institutions and Fed leaders are showing some pushback ahead of midterms.
  • The discussion frames Trump's foreign policy as a shift from diplomacy to disruption.
Ideas
Leslie Vinjamuri President & CEO at the Chicago Council on Global Affairs 2:00
Iran tariffs hit China; watch escalation
Trump's 25% tariff on countries doing business with Iran is a crackdown on secondary sanctions violations that will hit China and others previously treated with a lighter touch. While it may be only a first step and military force is less likely for now, it creates a clear escalation risk for US-China tariff and sanctions pressure that investors should monitor.
FXI MED
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This Bloomberg Markets video, published January 13, 2026, features Leslie Vinjamuri discussing FXI. 1 trade idea extracted by AI with direction and confidence scoring.

Speakers: Leslie Vinjamuri  · Tickers: FXI