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Iran Digs In on Hormuz as US-China Tariff Deal Takes Shape

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Iran Digs In on Hormuz as US-China Tariff Deal Takes Shape

Here is what the page “Iran Digs In on Hormuz as US-China Tariff Deal Takes Shape” contains. Iran has refused to soften its conditions for reopening the Strait of Hormuz, sticking to a seven-day proposal that it says is non-negotiable. President Donald Trump sent mixed signals about his willingness to reach a deal, leaving markets uncertain about the path forward. The standoff continues to pose a threat to global oil flows, with traders closely monitoring any signs of escalation.

Meanwhile, the US and China have detailed a plan to cut tariffs on approximately $30 billion of imports from each country, marking a significant step toward implementing a key outcome from last week's summit between Trump and Xi Jinping. The move is seen as a positive development for global trade, though questions remain about the scope and timing of the reductions. This listing links straight to the original page, where the content is available in full.

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