Here it is. The first trailer for Iron Man 3 is up as the hype train continues to countdown to May 3rd, 2013.

We can see in the trailer that the events in the movie happen after The Avengers. We see a new armor enter the fray that looks like the Iron Patriot armor we saw Norman Osborn sporting in The Dark Avengers, though I have read that it is being called the ‘Detroit Steel’ armor. And finally The Mandarin steps forward. In the first movie, when Tony was kidnapped, it was by a terrorist organization called the ‘Ten Rings’. It was long believed that this was a reference to the Mandarin and given how he is represented in this trailer, that seems consistent.