A proposed US-Ukraine ceasefire deal marks a significant diplomatic shift but falls short of a breakthrough, with lasting peace still distant. Just a week after Washington froze aid following a tense Trump-Zelensky meeting, renewed talks yielded a 30-day truce proposal—pending Russia’s approval. Meanwhile, Trump’s escalating trade war with Canada sent US stocks tumbling as he threatened to double steel and aluminium tariffs, only to reverse course after Ontario’s premier relented on an energy surcharge. As Trump pushes for a Ukrainian mineral rights deal, his high-stakes negotiating style risks both economic turmoil and geopolitical instability.
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