Trump Cuts India Tariff; US-Iran Talks; SpaceX-xAI to Merge | Horizons Middle East & Africa 2/3/2026

JOUMANNA: GOOD MORNING. ASIAN STOCKS BOUNCE BACK FROM THEIR WORST SELLOFF IN MORE THAN TWO MONTHS AS A REBOUND OF GOLD AND SILVER HELPS CALM MARKETS AFTER MONDAY'S VOLATILITY. PRESIDENT TRUMP ANNOUNCES THE U.S. WILL SLASH TARIFFS ON INDIA TO 18% AFTER PRIME MINISTER MODI AGREES TO STOP BUYING RUSSIAN OIL.IN U.S. AND IRANIAN OFFICIALS PLAN TO DISCUSS A NEW NUCLEAR DEAL THIS WEEK, BUT TRUMP WARNS THAT BAD THINGS WOULD HAPPEN IF THEY CANNOT COME TO AN AGREEMENT. IT IS 9:00 A. M.ACROSS THE EMIRATES. VOLATILITY ...