Gold Prices Slip Slightly in Asia as Silver Nears Record Highs on Dovish Fed Outlook 
U.S. Intelligence Briefly Curtailed Information Sharing With Israel Amid Gaza War Concerns 
Global Markets Slide as Tech Stocks Sink, Yields Rise, and AI Concerns Deepen 
US Signals Openness to New Trade Deal as Brazil Shows Willingness, Says USTR Greer 
Preservation Group Sues Trump Administration to Halt $300 Million White House Ballroom Project 
Gold Prices Dip as Markets Absorb Dovish Fed Outlook; Silver Eases After Record High 
Modi and Trump Hold Phone Call as India Seeks Relief From U.S. Tariffs Over Russian Oil Trade 
Tunisia Protests Grow as Opposition Unites Against President Kais Saied’s Rule 
Brazil Arrests Former Peruvian Foreign Minister Augusto Blacker Miller in International Fraud Case 
Asian Stocks Rally as Tech Rebounds, China Lags on Nvidia Competition Concerns 
S&P 500 Slides as AI Chip Stocks Tumble, Cooling Tech Rally 
U.S. Dollar Slides for Third Straight Week as Rate Cut Expectations Boost Euro and Pound 
Trump Signals Two Final Candidates for Fed Chair, Calls for Presidential Input on Interest Rates 
Trump Claims Thailand-Cambodia Ceasefire After Intense Border Clashes 
Fed Near Neutral Signals Caution Ahead, Shifting Focus to Fixed Income in 2026 
Oil Prices Edge Higher as U.S. Seizes Sanctioned Venezuelan Tanker 
Prime Minister Mark Carney announced that Canada is prepared to restart trade negotiations with the United States after President Donald Trump halted discussions due to an anti-tariff advertisement released by Ontario’s provincial government. The controversy arose when the ad featured edited audio and video of former U.S. President Ronald Reagan criticizing tariffs, prompting Trump to label the commercial “fraudulent” on social media.
Carney, who has visited the White House twice since taking office, has been striving to negotiate the removal of U.S. tariffs on steel, aluminum, and autos—measures that have hurt Canada’s economy. Ontario Premier Doug Ford confirmed that while the province’s ad campaign would continue through the World Series weekend to reach American audiences, it will pause on Monday to allow trade discussions to resume.
Carney emphasized his commitment to “constructive negotiations” with U.S. officials and expressed optimism about reviving talks for the benefit of both nations’ workers and industries. Meanwhile, Trump administration officials, including White House economic adviser Kevin Hassett, criticized Canada’s “lack of flexibility,” blaming Ottawa for stalled progress.
The Reagan Presidential Foundation condemned Ontario’s ad, saying it selectively used and edited Reagan’s 1987 address without authorization, misrepresenting his stance on tariffs. The foundation noted that Reagan’s original message acknowledged tariffs as a temporary measure, not a rejection of free trade.
In addition to the ad controversy, Canada recently cut tariff-free import quotas for General Motors and Stellantis, citing reduced domestic production. The tensions add to concerns surrounding Trump’s escalating trade policies, which have raised U.S. tariffs to their highest levels in decades.
Despite these challenges, Carney reiterated Canada’s readiness to continue dialogue, saying both economies stand to benefit from fair and open trade.
