From Reuters.
1. The United States agreed on Tuesday to resume military aid and intelligence sharing with Ukraine after Kyiv said it was ready to support Washington’s proposal for a 30-day ceasefire with Russia, the countries said in a joint statement.
2. President Donald Trump’s increased tariffs on all U.S. steel and aluminum imports took effect on Wednesday, stepping up a campaign to reorder global trade in favor of the U.S. and drawing swift retaliation from Europe.
3. Canadians have been stung by Trump’s actions and words since he returned to the White House, both around tariffs and suggestions that Canada should be annexed by the United States. Travelers are responding with their wallets. New bookings to the United States from Canada have declined about 20% since February 1 compared with the year-ago period, according to Forward Keys, a flight ticketing data firm.
4. About 60 Balochi militants blew up a railway track and lobbed rockets on Tuesday at the Jaffar Express, carrying more than 400 passengers, a security official said. So far, 190 of them have been rescued, government officials said.
5. There is about a 40% chance of a U.S. recession this year and a risk of lasting damage to the country’s standing as an investment destination if the administration undermines trust in U.S. governance, according to J.P. Morgan’s chief economist.
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