In a stunning reversal, U.S. President Donald Trump said he would temporarily lower the hefty duties he had just imposed on dozens of countries while further ramping up pressure on China, sending global stocks rocketing higher.

President Donald Trump, after complaining about it for years, signed an order to lift restrictions on water pressure in showers on Wednesday, saying he wanted to "take care of my beautiful hair." Trump's executive order is aimed at reversing efficiency and water conservation steps taken by the last two Democratic presidents,

But Donald Trump’s unorthodox ways may yet help avert a looming conflict with Iran. Steve Witkoff, his envoy to everywhere—Russia, Gaza and now Iran—is due to begin talks in Oman with Abbas Araghchi,

The United States issued fresh sanctions on Iran on Wednesday, the Treasury Department said, two days after President Donald Trump announced the U.S. planned direct talks with Tehran over its nuclear program.