Ceasefire calms markets, but Trump threatens 50% new tariff on arms suppliers to Iran

Iran must not be allowed charge tolls in Strait of Hormuz, UN watchdog says
AI Summary
A ceasefire, reportedly aided by China, calmed global markets, but President Trump threatened a 50% tariff on countries supplying arms to Iran. The US acknowledged China's role in bringing Iran to the negotiating table, highlighting Trump's "great respect" for President Xi Jinping. China has been actively working to de-escalate tensions since the war began on February 28th, including issuing a joint five-point plan with Pakistan. Despite the ceasefire, Iran kept the Strait of Hormuz closed and warned it might abandon the deal if Israeli attacks on Lebanon continue. The US and Iran agreed to a two-week ceasefire amid Pakistani mediation efforts.
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Key Claims (5)
AI-ExtractedTrump believed China had helped get Iran to the negotiating table.
There were conversations that took place between top levels of our government and China’s government.
Tehran warned it could abandon the deal if Israeli attacks on Lebanon continue.
Tehran kept the Strait of Hormuz closed.
US President Donald Trump threatened a new 50 per cent tariff on countries supplying weapons to Iran.
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