US and Ukraine Agree on Temporary Ceasefire
The US and Ukraine reached an agreement on a temporary ceasefire with Russia on Tuesday, marking a significant shift in their relations. Just a week ago, the US suspended military aid and intelligence sharing with Ukraine following a tense meeting between Volodymyr Zelensky and Donald Trump at the White House. Despite Trump's often aggressive demeanor, he remains open to further negotiations. On Tuesday, Trump threatened to double tariffs on Canadian steel and aluminum, causing major US stock indexes to tumble. Ontario Premier Doug Ford subsequently backed down from an energy surcharge, and Trump withdrew his tariff hike. However, the ongoing US-Canada trade dispute has erased trillions in US stock market value. While Ukraine is ready for a time-limited truce, there is no progress on a mineral rights deal sought by the US, and Russia's stance on the ceasefire proposal remains unclear.