U.S.-Iran Hardball
Canada Also Didn't Cave In
EMERGING ASIA
Over the weekend, key headlines included U.S. saying "Economic D-Day"' for Iran and Iran shrugging them off and suggesting the pursuit of nuclear weapons. The U.S.-Canda trade deal also broke down with both sides accusing each other of negotiation malpractice. It is expected both sides will impose tariffs on each other, valuing around 50 billion USD. Oil is trading lower with market participants seems to be content with another day without military escalation.