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Tariff Ultimatum on Iran Trade Sparks Global Tension

                                                Doing Business With Iran? Trump Says Pay a 25% US Tariff. A new 25% tariff threat from President Donald Trump has sent a jolt through international markets, after he declared that any nation continuing to trade with Iran would face steep U.S. penalties. The announcement, delivered abruptly through social media, signaled a sharp escalation in Washington’s effort to isolate Tehran economically. The move comes amid heightened criticism of Iran’s internal crackdown on dissent, which U.S. officials argue warrants stronger international pressure. By targeting not just Iran but its trading partners, the administration aims to force countries—including major global players—to reconsider their economic ties with Tehran. The threat immediately stirred uncertainty across global markets. Oil prices climbed...

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Trump Eases Auto Tariffs to Support U.S. Manufacturing

President Donald Trump has taken a significant step to alleviate concerns in the automotive industry by signing executive orders to relax his 25% tariffs on automobiles and auto parts. This move comes after warnings from automakers and analysts that the tariffs could raise prices, reduce sales, and make U.S. production less competitive globally.

The revised policy introduces temporary rebates for vehicles assembled in the U.S. with foreign parts, aiming to ease the financial burden on manufacturers. Trump described the changes as a "bridge" to encourage automakers to shift more production to the United States. Treasury Secretary Scott Bessent emphasized that the goal is to create more domestic manufacturing jobs and strengthen the U.S. auto industry.

Automakers like General Motors and Ford have expressed gratitude for the relief measures, highlighting their commitment to investing in American manufacturing. Industry leaders also noted that the adjustments would provide time to reconfigure supply chains and ramp up domestic production.

This policy shift underscores the administration's focus on balancing trade policies with the need to support domestic industries and jobs.

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