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EXECUTIVE SUMMARY * MNI FED: Gov Barr: Base Case Is For Further Hikes: #83aa171c-7fc4-49fd-82f5-351bcb071d96 * MNI IRAN: Security Chief Says In No Rush To Negotiate: #5df7e2ac-e490-4920-91fd-84069fe559a3 * MNI IRAN: Pezeshkian Talks On Nuclear, Hormuz & US Stance In UN Address: #c9b6854d-8cab-47cb-8646-ce411062279c * M
President Donald Trump stated that the U.S. is in the midst of negotiating a deal to procure potash from Belarus. Trump, on Monday, took to Truth Social and stated that the U.S. is negotiating a “massive deal” for potash procurement. “The pricing would be for substantially less than we are currently paying to Canada,
US military carried out fresh strikes in the Strait of Hormuz. Trump vowed stronger strikes if Iran retaliates. The wrap also cites potential Iran bank sanctions this week, Barr on higher rates, and funding to avert a shutdown.
Canada says it is open to starting trade discussions with the U.S. when the U.S. stops “memes,” “throwing shade,” and “trying to be tough.”