Interior Minister Eskandar Momeni says the ‘culprits have been identified’ and the explosion was caused by ‘negligence’. Firefighters continue to battle raging fires at Iran’s largest commercial port, Bandar Abbas, two days after a massive explosion killed at least 65 people and injured more than 1,000, Iranian state media has reported, as questions linger as to the blast’s cause. Only “120 wounded are still in hospital”, Interior Minister...

After United States President Donald Trump suspended his “reciprocal tariffs” on major US trading partners on April 9, he ramped them up on China’s goods. US trade levies on most imports from China have climbed to 145 percent. Beijing retaliated with duties of its own, at 125 percent on US goods. Trump has long accused China of exploiting the US on trade, casting his tariffs as necessary to...