Washington DC: Hours after the announcement of a double-sided ceasefire in the West Asia conflict with Iran for two weeks, US President Donald Trump on

The US president also said they will “work closely with Iran, which we have determined has gone through what will be a very productive Regime Change”.

The statement comes at a time when global geopolitical risks are already high, especially in West Asia. Any move to impose such tariffs could have wider implications for global trade and diplomatic ties.