Trump and Iran Talks, Iran Reacts to Ship Seized, Tariff Refunds
The U.S. fired on and seized an Iranian cargo ship that tried to break through the naval blockade. Iran calls it piracy and vows to retaliate with the ceasefire set to expire Wednesday.
Iran is back to blocking the Strait of Hormuz as both sides accuse each other of violating the ceasefire and a new round of talks in Pakistan have yet to be confirmed by Tehran.
And businesses can finally start applying today for refunds on $166 billion in tariffs the Supreme Court ruled were collected illegally, in what could be a scramble for hundreds of thousands of importers.
Correction: A previous version…
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