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Trump Signals Iran War Deal ‘Soon’ as Strait of Hormuz Stays Open, Easing Market Fears

                                   U.S. President Donald Trump said a deal to end the Iran war could come “soon,”   President Donald Trump said a deal to end the Iran war could come “soon,” a comment that helped calm global markets as the vital Strait of Hormuz remains open to commercial shipping. The waterway, which handles roughly one‑fifth of the world’s oil supply, has been a central concern for investors since the conflict began. With tankers continuing to move through the strait, oil prices have stabilized after weeks of volatility. Analysts note that even the perception of reduced risk in the region can ease pressure on global inflation, particularly in energy‑dependent economies like Canada. For Canadian households, a more stable oil market could help limit further increases in gasoline, transportation, and food costs. Equity markets reacted cautiously but positively,...
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Ford Hails Progress in U.S.-Canada Trade Talks


Ontario Premier Doug Ford described his recent meeting with U.S. Commerce Secretary Howard Lutnick as "very, very productive," signaling a potential thaw in the tense trade relations between Canada and the United States. The meeting, held in Washington, D.C., focused on addressing escalating tariffs and fostering a more collaborative economic relationship.

Ford expressed optimism, stating, "The temperature's coming down," and emphasized the importance of finding common ground for the benefit of both nations. While specific details of the discussions remain under wraps, the promise of continued dialogue next week suggests a commitment to resolving trade disputes amicably.

This meeting comes amidst a backdrop of heightened tensions, with both countries imposing tariffs on each other's goods. Ford's efforts to de-escalate the situation highlight the significance of diplomacy in navigating complex international trade dynamics.

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