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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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Trump Seeks Breakthrough with Xi on High-Stakes Asia Tour

Protesters attend an anti-Trump rally against US President Donald Trump's tariff policy ahead of his visit to South Korea for the APEC summit, in Seoul, South Korea.

U.S. President Donald Trump has embarked on a week-long trip across Asia, aiming to secure a pivotal deal with Chinese President Xi Jinping amid escalating trade tensions. The journey includes stops in Malaysia, Japan, and South Korea, where Trump is expected to sign economic and critical mineral agreements with regional partners before his highly anticipated face-to-face meeting with Xi.

The White House has signaled that Trump’s priority is to stabilize strained U.S.-China relations and potentially ease the ongoing trade war. Officials say the administration hopes to unlock new supply chains, strengthen investment opportunities, and reduce reliance on Chinese exports.

The Trump-Xi meeting, scheduled in South Korea, is being described by analysts as “high-risk, high-reward.” A successful outcome could reset relations between the world’s two largest economies, while failure may deepen global economic uncertainty.

As Trump positions himself as a dealmaker on the international stage, the Asia trip could prove decisive in shaping the trajectory of U.S.-China ties for years to come.


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