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Trump's Policies and Iran Attacks Reshape Global Trade

3/21/2026

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Story summary
  • U.S. President Donald Trump shapes the regulatory environment discussed by deal makers in New Orleans, per Michael de la Merced.
  • The oil market remains volatile due to falling prices and Iran attacks that affect energy infrastructure.
  • Investors and central bankers are on edge, potentially reshaping global trade with China at the center.
  • The Pentagon has requested more than $200 billion in extra war funding, signaling a likely prolonged conflict.