Order allows tariffs on goods from countries trading with Iran

The Secretary of Commerce must identify countries that directly or indirectly acquire goods or services from Iran. The Secretary of State may then recommend additional duties, and the President may decide whether and how much to impose. The process covers goods imported into the United States from identified foreign countries. Indirect trade includes Iranian goods or services traced through intermediaries or other countries. The order gives an example of a 25 percent duty but does not set that rate as mandatory. The covered Iranian goods or services are limited to those that U.S. persons are prohibited from trading with under the cited Iran sanctions rules. Any duty depends on Commerce's finding, the Secretary of State's determination and recommendation, and the President's decision. The order took effect at 12:01 a.m. Eastern time on February 7, 2026. Commerce's monitoring and country findings apply after that effective date.

The Secretaries of State and Commerce must monitor the emergency and Iran-related trade. State must report possible needs for further presidential action, and authorized agencies may issue rules, guidance, or notices to carry out the order. The duties apply to the Departments of State and Commerce and other executive agencies acting within their legal authority. State must consult with Treasury, Commerce, Homeland Security, and the U.S. Trade Representative when making certain recommendations. Implementation must follow applicable law and depends on available funding. The order does not create a private right to sue the United States or its officials for benefits or enforcement. The President may modify the order in response to new information, retaliation, or significant changes by Iran or affected countries. Monitoring continues after Commerce identifies a country as acquiring goods or services from Iran. The order authorizes implementation beginning on February 7, 2026.