Trump urges Republicans to add Iran to Russian sanctions bill, escalating geopolitical risk for markets

Donald Trump has urged Republicans to include Iran in a sanctions bill originally targeting Russia. This proposal includes the implementation of tariffs reaching up to 500%. Such a move is expected to escalate geopolitical risks, which may significantly impact markets. Investors in crypto and other risk assets are advised to monitor these developments closely as the potential for increased sanctions against both Russia and Iran grows under this proposed legislative expansion by the Republican party.