Iran Announces Potential Trade Route Blockade Amid U.S. Statements

Why it matters locally: While most of Michigan's trade is with Canada and Mexico, a global blockade could indirectly affect the cost and availability of various imported goods, impacting supply chains for some of Michigan's key industries.

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Iranian officials announced they might block additional trade routes following statements by U.S. President Donald Trump. President Trump previously stated a readiness to target Iranian infrastructure, including bridges and power plants, next week if Iran did not return to negotiations. These comments on potential actions preceded the Iranian statements regarding trade routes.