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Markets Steady as Tariff Tensions Ease and Trade Talks Gain Momentum

U.S. stock futures edged higher Tuesday morning, signaling cautious optimism among investors following President Trump's latest tariff announcements. Futures tied to the S&P 500 rose 0.12% , while Nasdaq 100 futures gained 0.25% , as markets digested the news of steep import duties on 14 countries and a delayed implementation date of August 1 . The tariff threats—ranging from 25% to 40% —initially rattled markets, with major indexes closing lower on Monday. However, the postponement has opened a window for renewed trade negotiations , giving investors hope that diplomatic efforts may avert a full-blown trade war. Global Respons:  Countries like South Korea and Japan , both targeted by the tariffs, have signaled readiness to accelerate trade talks. Meanwhile, Wall Street is keeping a close eye on upcoming Federal Reserve minutes and corporate earnings , with Delta Air Lines set to kick off the season later this week. With the deadline extended and negotiations underway, invest...
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Bonnie Crombie Loses Bid for Seat, Vows to Stay as Liberal Leader

 

In a surprising turn of events, Ontario Liberal Leader Bonnie Crombie lost her bid for a seat in the Mississauga East-Cooksville riding. Despite her efforts to flip Peel Region seats from PC blue to Liberal red, Crombie was defeated by her PC opponent, Silvia Gualtieri. 

The night started off rough for Crombie and the Liberals, with one TV station calling the election for the PCs within minutes of polls closing. However, Crombie remains determined to stay on as the Liberal leader and continue her political journey. 

While Crombie faced defeat, other party leaders, including Ontario NDP Leader Marit Stiles and Green Party Leader Mike Schreiner, successfully reclaimed their seats. 

Crombie's loss marks a significant moment in Ontario politics, as she vows to keep fighting for her party and constituents.



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