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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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Canada Stands Firm in Pursuit of Favorable U.S. Trade Agreement

Canada is signaling a resolute stance in ongoing trade negotiations with the United States, as former Bank of Canada Governor Mark Carney emphasized the country’s readiness to hold out for the best possible deal. Speaking on the importance of strategic patience, Carney noted that Canada’s economic resilience and diversified trade relationships give it leverage to negotiate terms that align with national interests.

The statement comes amid heightened discussions surrounding cross-border trade, tariffs, and regulatory alignment. Carney’s remarks suggest that Canada is not willing to rush into an agreement that compromises its long-term economic goals or sovereignty.

With both nations navigating complex economic pressures, including inflation and global supply chain disruptions, Canada’s firm posture may influence the pace and outcome of the negotiations. Observers say this approach reflects a broader shift toward assertiveness in Canada’s international economic policy.


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