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Markets Hold Steady as Iran Deal Hopes Lift Sentiment — April 14, 2026

MoneySavings.ca  ·  Daily Market Brief Tuesday, April 14, 2026  ·  Morning Edition Markets hold steady as Iran deal hopes lift sentiment S&P 500 Futures 6,936 ▲ +0.20% Nasdaq Futures 25,647 ▲ +0.40% Dow Futures 48,501 ▲ +0.16% WTI Crude $96.31 ▼ −2.80% easing North American markets are poised for a steady open on Tuesday as investors grow cautiously optimistic about a potential U.S.-Iran agreement. U.S. stock futures held firm after the major averages posted strong gains the previous session, with the S&P 500 fully erasing its war-driven losses. Oil prices offered some relief for consumers, with WTI crude pulling back nearly 3% to around $96.31 per barrel — easing from Monday's spike above $104. Asian markets also opened higher overnight, with Japan's Nikkei 225 rising 2.43% and Hong Kong's Hang Seng gaining 1%, both t...

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U.S. Grants Tariff Exemption for Canadian Auto Parts Under CUSMA

 

In a significant development for the North American auto industry, the United States has confirmed that Canadian auto parts compliant with the Canada-United States-Mexico Agreement (CUSMA) will be exempt from the 25% tariffs imposed by former President Donald Trump. 

The exemption, outlined in new guidance from U.S. Customs and Border Protection, ensures that auto parts meeting CUSMA’s trade requirements will not be subject to additional duties. However, automobile knock-down kits and parts compilations will still face tariffs. 

This decision comes amid concerns from automakers and industry experts who warned that the tariffs could lead to higher prices and disruptions in supply chains. Major manufacturers, including General Motors and Stellantis, had lobbied for relief, citing potential financial losses and production challenges. 

While the exemption provides some relief, the broader impact of U.S. trade policies on the automotive sector remains a topic of debate. Industry leaders continue to monitor developments as they navigate the evolving trade landscape.

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