The United States said it would consider imposing new national security tariffs on more imported auto parts.
The White House reported that for the Russian-Ukrainian conflict, Trump and Putin agreed to start with a ceasefire in the energy and infrastructure sectors. Trump and Putin agreed that improving bilateral relations would be beneficial and would negotiate a comprehensive ceasefire and a permanent peace.
Even if the Federal Reserve cuts interest rates by 25 basis points this week, the dollar will struggle to achieve a sustained recovery, according to MUFJ. Lee Hardman, an analyst at MUFG, said in a note that even if the Fed cuts interest rates by 25 basis points, it is likely to cut rates further at future meetings, especially if the labor market continues to weaken. That means "people may still think it is only a matter of time before the Fed needs to accelerate the pace of rate cuts," he said....
According to the Times of Israel, the United States expressed confidence that Israel would not strike Iran directly, but would instead focus on its proxies.