A Bank of Canada survey indicates that business prospects have deteriorated and inflation expectations have risen following the breakdown of trade negotiations between Canada and the United States.

The Nasdaq 100 index extended its gains to 2%, while the S&P 500 index rose 0.9%.

The U.S. Department of Defense has reached a framework agreement with BAE Systems to expand production of the combat-proven Advanced Precision Kill Weapon System (APKWS).

Iranian Islamic Revolutionary Guard Corps spokesman Mohbi stated that the United States can no longer even guarantee its automotive fuel supply. The US once justified its military presence in the Middle East by citing the security of energy transport and freedom of navigation, but Iran has robbed it of this capability. After decades of military presence in the region, the US has still failed to reopen the Strait of Hormuz, or even guarantee the passage of energy through a single shipping route. He stated that the US has historically used its economic advantage and the strength of the dollar as tools of pressure, but Iran's actions in this war have reversed the economic landscape. Now, the US cannot even guarantee its automotive fuel supply; its energy reserves have decreased from 415 million barrels to 263 million barrels, with 150 million barrels unavailable. The US also currently faces dependence on aluminum and semiconductor supplies.

U.S. President Donald Trump and First Lady Melania Trump signed an executive order during an event in the Rose Garden.

The Russian Ministry of Defense stated that Russian armed forces struck a cargo ship in the Black Sea that was carrying goods bound for the port of Odessa, with the cargo intended for the Ukrainian armed forces.