US may levy 25% tariff on Armenia for trade with Iran, OC Media writes

On Monday, US President Donald Trump announced imposing a new 25% tariff on ‘any Country doing business with’ Iran amid the ongoing, widespread anti-government protests in the country, OC Media writes.

There are reports of a crackdown on demonstrators, resulting in hundreds of deaths and thousands of arrests.

Amid the protests and use of force against demonstrators, the US publicly warned Tehran against further lethal force, with Trump threatening US intervention.

Armenia, which signed a Strategic Partnership with the US in 2024 and also enjoys good ties with neighbouring Iran, will likely be affected by the newly imposed tariffs.

The Armenian Economy Ministry declined to comment to OC Media on whether Armenia has been officially notified about the tariffs, suggesting inquiries be directed to the Foreign Ministry. OC Media has reached out to the Foreign Ministry and is awaiting a response.

Both the US and Iran enjoy large trade surpluses with Armenia, with Armenia  importing more than exporting to those countries.

According to data from the Armenian Statistical Committee, in 2025 Armenia’s exports to the US amounted to $46 million, while imports — based on countries of origin — totaled $269 million.

By contrast, trade with Iran was significantly higher: exports reached $83 million, and imports, based on the country of origin of products, amounted to $615 million.

However, neither accounts for a significant proportion of the country’s exports, making up just 0.5% and 0.8% of the total respectively.

Previously, in April 2025, the US imposed a 10% tax on goods imported from Armenia, Azerbaijan, and Georgia as part of sweeping new tariffs on almost every country in the world.