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Story summary
- U.S. President Donald Trump navigates a diplomatic landscape with Iran to pursue a deal amid escalating tensions.
- He paused threats against Iranian energy infrastructure and extended the negotiations timeline.
- The pause coincides with a significant drop in U.S. stock markets.
- The 'TACO' index tracks Trump policy shifts and signals investor uncertainty.
- Asia allies pursue independent defense strategies and signal a regional shift amid perceived U.S. retrenchment.
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