US President Donald Trump has signed a proclamation amending his national security tariffs on some aluminum, steel and copper imports, effective until December 31, 2027. It lowers tariffs on some steel and aluminum derivative products, including certain types of residential HVAC equipment.
US President Donald Trump said the United States could restart the war or become the "guardian of the Middle East" and receive 20% of the region's revenues if Iran fails to reach an acceptable agreement on its nuclear programme.
US President Donald Trump on Thursday said he had cancelled planned military strikes against Iran after negotiations reached what he described as the highest levels of Iran's leadership, raising hopes of a breakthrough agreement that could end days of fighting and reopen the Strait of Hormuz.
President Donald Trump on Wednesday said the US would strike Iran again if no peace deal is secured, threatening further escalation following one of the most significant exchanges of hostilities in two months. Trump has repeatedly said a deal is close, though there has been no sign of a breakthrough.
Iran is expected to respond on Thursday to a US proposal aimed at ending the conflict and establishing a framework for broader nuclear negotiations, according to media reports, as diplomatic efforts intensified amid continuing tensions in the Gulf.
US President Donald Trump said the US military will temporarily pause “Project Freedom” — the military-backed plan to guide commercial vessels through the Strait of Hormuz — signalling a potential easing of tensions with Iran.
US President Donald Trump has yet to decide whether to endorse a reported memorandum of understanding negotiated between US and Iranian officials, as the world awaits a potential extension of the ceasefire and eventual peace deal.
US President Donald Trump said he will soon review Iran's new 14-point proposal for peace, adding that he “can’t imagine that it would be acceptable.”
US and Iranian negotiators have reached an agreement on a 60-day memorandum of understanding to extend the ceasefire and launch negotiations on Iran's nuclear program, but President Trump has yet to give his final approval, Axios has reported quoting two US officials and a regional source involved in the mediation efforts.
Fresh US military strikes near Iran’s strategic port city of Bandar Abbas and comments from President Donald Trump that he would not be rushed into a deal, added to tensions in the Gulf, while oil prices rebounded after sharp losses earlier in the week.
