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Shockwaves in Tehran: Fear and Panic Grip Iran After Pre‑Emptive Strikes

                                                     Traffic congestion in Tehran as word spread of the attacks   Explosions across Tehran and several other Iranian cities have triggered widespread fear, sending thousands scrambling for safety as a joint U.S.–Israeli attack struck multiple locations early Saturday. Witnesses described chaotic scenes: long queues at gas stations, families rushing to pull children from schools, and streams of residents fleeing urban centers in search of safer ground. Columns of smoke rising over the capital intensified the sense of crisis, marking one of the most alarming mornings in recent years.  Reports indicate that the strikes, described by U.S. officials as part of a major combat operation, shook the city at the start of Iran’s working week. The sudden blasts left many residents terrif...

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EU's Balancing Act: Negotiations vs. Tariffs in Trade Dispute with US

The European Union (EU) has taken a significant step in addressing trade tensions with the United States. While emphasizing its preference for negotiations, the EU has proposed its first retaliatory tariffs on U.S. imports. This move comes in response to the U.S. imposing steep tariffs on steel, aluminum, and other goods, which the EU views as unjustified and damaging.

EU Trade Commissioner Maros Sefcovic has expressed hope for a "zero-for-zero" tariff agreement, aiming to eliminate tariffs on industrial goods. However, the EU is prepared to implement countermeasures if negotiations fail to yield results. The bloc plans to impose targeted tariffs on U.S. imports, with some taking effect as early as April 15.

Despite the EU's readiness to retaliate, many member states have urged caution, highlighting the potential economic impact of escalating trade disputes. The EU's Anti-Coercion Instrument, which could target U.S. services or limit American companies' access to EU public procurement, remains a contentious option.

This delicate balancing act reflects the EU's commitment to protecting its single market while seeking a diplomatic resolution to the trade conflict.

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