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Markets Slip as Investors Bet on Extended U.S.–Iran Ceasefire

  Stocks Edge Lower as Investors Hope U.S.–Iran Ceasefire Will Hold Stocks drifted lower today as markets balanced cautious optimism over a potential extension of the U.S.–Iran ceasefire with persistent geopolitical and inflation concerns. Recent trading sessions have shown that even modest signs of diplomatic progress can meaningfully shift investor sentiment. Asian and U.S. markets rallied earlier this week on hopes that Washington and Tehran would continue negotiations, helping unwind some of the war-driven risk premiums that had pushed oil and volatility higher. Despite the pullback, investors remain hopeful that the ceasefire—currently set to expire soon—will be extended, giving negotiators more time to work toward a longer-term agreement. Reports indicate both sides are considering adding another two weeks to the pause, a move that has already helped push Brent crude below the recent peak of nearly US$120 per barrel. Lower oil prices have eased pressure on inflation expecta...
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Trump Considers 25% Tariffs on Canadian and Mexican Goods Starting February 1

In a significant move, U.S. President Donald Trump has suggested the possibility of imposing a 25% tariff on goods imported from Canada and Mexico as early as February 1. This announcement comes shortly after his inauguration as the 47th President of the United States.

During his first day in office, Trump signed a series of executive orders and hinted at the potential tariffs while addressing concerns about the borders with Canada and Mexico. Although he did not impose the tariffs immediately, he directed federal agencies to investigate and address trade deficits and unfair trade practices by other nations, including Canada and Mexico.

The proposed 25% tariff could have severe economic repercussions for Canada, potentially leading to a recession and requiring government intervention to stabilize the economy. In response, Canada has prepared a plan to impose retaliatory tariffs on $37 billion worth of American goods if Trump proceeds with the trade action.

Finance Minister Dominic LeBlanc expressed cautious optimism, noting that the threat of tariffs might be suspended for now, but emphasized the importance of being prepared for any scenario. The situation remains fluid, and both countries are closely monitoring developments as they unfold.


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