Canada’s retaliatory tariffs against the United States represent a familiar tactic in trade disputes, echoing previous responses like those enacted in 2002 regarding steel tariffs. While Ottawa frames aid packages as support, this action clashes with Canada's historical resistance to government subsidies predating 1988, highlighting an underlying tension between interventionist measures and market-driven principles. The current escalation builds upon a longer history of U.S.…

While Iran and Oman are reportedly pursuing an “interim” reopening of the Hormuz Strait, critical details regarding security guarantees for shipping companies and verification mechanisms remain conspicuously absent. The history of stalled Omani mediation efforts spanning nearly a decade, coupled with past U.S. experiences requiring lengthy security protocols, suggests this framework risks repeating previous failures without concrete assurances. Oman’s role as mediator…