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Mojtaba Khamenei’s Rise Sparks Market Turmoil as Hardliners Mobilize

People attend a gathering to support Iran's new supreme leader Mojtaba Khamenei, amid the U.S.-Israeli conflict with Iran, in Tehran, Iran, March 9, 2026.  Iran’s hardline factions mounted a powerful show of support for newly appointed Supreme Leader Mojtaba Khamenei , rallying across Tehran in a display that signaled a tightening of conservative control and diminished hopes for de-escalation in the Middle East.  The demonstrations, marked by mass gatherings and imagery linking Mojtaba to his late father, Ayatollah Ali Khamenei, underscored the regime’s consolidation at a moment of heightened regional conflict.  Analysts warn that the hardliners’ unified backing suggests Iran is unlikely to soften its stance amid ongoing tensions with the U.S. and Israel. Global markets reacted sharply. Fears that prolonged instability could further disrupt energy supplies sent oil prices soaring and triggered steep declines in major stock indices. With one of the most significan...
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Trump Proposes Tariff Reduction Amid Trade Talks with China


In a surprising move, former U.S. President Donald Trump has suggested reducing tariffs on Chinese imports from 145% to 80% ahead of a crucial trade meeting between top U.S. and Chinese officials in Switzerland. This proposal marks a potential shift in the ongoing trade war, which has seen escalating tariffs from both nations.

Trump announced his stance on social media, stating that an 80% tariff "seems right" and urging China to open its markets to American goods. The upcoming discussions, led by U.S. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer, aim to address concerns over the impact of tariffs on consumer prices and global trade stability.

The trade war, which began during Trump's presidency, has significantly affected both economies, with China retaliating against U.S. tariffs by imposing its own restrictions. While Trump had previously resisted lowering tariffs, his latest remarks suggest a willingness to negotiate if the talks yield positive results.

As global markets react to the possibility of reduced trade tensions, analysts are watching closely to see whether this proposal will lead to a meaningful agreement between the two economic giants. The outcome of the weekend talks could shape the future of U.S.-China trade relations and influence broader economic policies worldwide.

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