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Tehran Signals Defiance as Supreme Leader Vows Retaliation and Strait Closure

  A man holds a picture of Iran's new supreme leader, Mojtaba Khamenei, while people attend a funeral ceremony for the Iranian military commanders who were killed in strikes, in Tehran Iran’s Supreme Leader issued his first public remarks following the deaths of senior Iranian commanders, vowing that the country will “avenge the martyrs” and maintain the closure of the strategic Strait of Hormuz until what he described as “justice” is served. His comments, delivered during a nationally broadcast address, underscore a sharp escalation in rhetoric at a moment of heightened regional tension. The Supreme Leader framed the recent losses as sacrifices in the defense of Iran’s sovereignty, promising that those responsible “will face consequences.” He also reaffirmed Iran’s decision to keep the Strait closed, a move that has already disrupted global shipping routes and rattled energy markets. The strait, one of the world’s most critical chokepoints for oil transport, has long been a flas...

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Trade Tensions Surge as China Hits Back with 84% Tariffs on U.S. Goods

In a dramatic escalation of the ongoing trade war, China has announced an 84% tariff on U.S. goods, effective April 10. This move comes in response to the U.S. imposing a sweeping 104% tariff on Chinese exports. The tit-for-tat measures have sent shockwaves through global markets, with analysts warning of potential economic fallout for both nations.

China's Ministry of Finance criticized the U.S. tariffs as a "mistake on top of a mistake," vowing to defend its economic interests. Meanwhile, U.S. officials expressed regret over China's retaliatory actions but maintained that the tariffs were necessary to address trade imbalances.

The escalating tariffs are expected to disrupt global trade flows, with industries on both sides bracing for impact. Economists predict that the prolonged trade war could dampen economic growth and strain international relations further.

The world watches as the two largest economies continue their high-stakes standoff, with no resolution in sight.

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