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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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Trump's Trade Moves: Relief for Automakers, New Levies on Semiconductors and Pharmaceuticals

In a significant shift in trade policy, President Donald Trump has hinted at potential tariff relief for automakers while advancing plans to impose new levies on semiconductor and pharmaceutical imports. The administration has launched investigations into the national security implications of importing these items, signaling a move toward stricter trade measures.

Trump's remarks suggest a temporary reprieve for the auto industry, allowing car manufacturers more time to transition to U.S.-made parts. This comes as the administration continues to enforce a baseline 10% tariff on all imports, with additional duties targeting specific sectors.

The semiconductor and pharmaceutical industries, heavily reliant on imports from Asia, are under scrutiny. Trump views this dependence as a national security concern and aims to incentivize domestic production through tariffs. However, critics warn that such measures could lead to shortages and disrupt supply chains.

These developments are part of Trump's broader strategy to reshape global trade dynamics, with implications for businesses and financial markets worldwide.

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