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Geopolitical Tensions Rattle Wall Street as Futures Slide on Trump’s Iran Warning

  Markets tumbled Thursday morning as renewed geopolitical uncertainty sent U.S. stock futures sharply lower, with investors reacting to President Trump’s latest remarks that the war with Iran is “not yet over.”   U.S. stock futures stumbled early Thursday after President Trump’s national address failed to signal a clear end to the ongoing U.S.–Israeli conflict with Iran. Futures tied to the Dow Jones Industrial Average dropped more than 600 points , while S&P 500 futures fell 1.5% and Nasdaq 100 futures slid 2% , reflecting heightened investor anxiety.  The market’s reaction was driven largely by Trump’s assertion that the conflict is not yet resolved, despite reports that Iran’s president has approached the U.S. about a potential ceasefire. Trump emphasized that any agreement would depend on reopening the Strait of Hormuz , a critical global energy chokepoint. He also warned that U.S. forces would “hit Iran hard” before any withdrawal in the coming weeks.  ...

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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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