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August 18th - According to three sources on Monday, the United States and Canada are in talks to potentially reduce U.S. auto tariffs from the current 25% to 15% (after deducting certain value components). The U.S. will impose high new tariffs on $20 billion worth of other Canadian goods after Wednesdays deadline. If an agreement is reached, the tariff level will be significantly lower than the 25% tariff currently imposed by Trump on auto imports. Sources indicated that U.S. officials have proposed deducting only U.S. value components from the current 15% tariff on Canadian autos, but Canadian officials want to deduct all North American components, including parts from Canada and Mexico. Automotive industry officials say that if a broader deduction of regional value components is implemented, the effective U.S. tariff rate on North American-made cars could fall to single digits. This rate is far lower than the current 15% tariff on North American cars imported from Japan, South Korea, and the European Union, and the 10% tariff on most British cars.Turkish President Recep Tayyip Erdoğan told US President Donald Trump that Israel is attacking Palestinians in Gaza, when the second phase of the peace plan was supposed to take effect.Turkish President Recep Tayyip Erdoğan told US President Donald Trump that it is important to continue dialogue with Iran to make full use of diplomatic channels, and that Türkiye is ready to contribute to this effort.1. Six people were killed in an attack by Ukrainian forces in Russias Belgorod region. 2. Russian authorities stated that they attacked port infrastructure in Ukraines Izmail region overnight. 3. The Russian Ministry of Defense stated that Russian troops have taken control of Novosoloshin in Ukraines Zaporizhzhia region. 4. The Ukrainian military reportedly attacked a factory in Russias Rostov region related to missile fuel production. 5. Russia stated that it has hit two cargo ships in a Ukrainian port.Conflict Situation: 1. Yemeni officials stated that any move by the Saudi regime to escalate tensions would be met with a reciprocal response. 2. Trump threatened to bomb Oman if it obstructs the US. 3. Iranian officials: Iran has decided to shift its policy from defensive to fully offensive. A deadline of several weeks has been set for the US to fully implement the memorandum of understanding. 4. Iranian media reported that a UAE oil tanker was seized in the Strait of Hormuz. Strait of Hormuz: 1. Iran stated it is drafting plans for maritime routes with Oman. 2. Ship traffic in the Strait of Hormuz decreased significantly over the weekend. 3. Iran: Dont joke about the Strait of Hormuz. 4. Iran reiterated its "sovereign rights" to the Strait of Hormuz. 5. Sources: The Pentagon acknowledged that existing military plans cannot guarantee the unobstructed passage of the Strait of Hormuz. 6. US Energy Secretary Wright: (Regarding US military operations in the Strait of Hormuz) The US is shipping 8 to 9 million barrels of oil per day. 7. US Central Command: As of August 17, it had forced 64 merchant ships to divert, rendered 3 vessels immobile, and boarded and inspected 2 vessels to ensure compliance with relevant requirements. Peace Negotiations 1. Trump: The US is not seeking to extend the memorandum of understanding with Iran. 2. Iranian President: The Iran-US memorandum of understanding "upholds dignity and demonstrates strength." 3. Iranian Foreign Ministry Spokesperson Baghae: We maintain continuous contact with Qatar; negotiations with Oman are still ongoing. 4. Iranian Foreign Ministry Spokesperson Baghae: After the US violated the memorandum of understanding, the 60-day deadline "completely loses its meaning." 5. Political advisor of the Iranian Revolutionary Guard: The war must end according to the memorandum of understanding. The Strait of Hormuz will only reopen when the US fulfills its commitments in the Islamabad Memorandum of Understanding. 6. Saudi media: The agreement to extend the 60-day negotiation period between the US and Iran has been approved. 7. US President Trump: Iran wants to reach an agreement, but they will not reach the kind of agreement I think is necessary. 8. US President Trump: The US is not seeking to extend the memorandum of understanding with Iran. 9. Jared Kushner, Trumps son-in-law: Dialogue between the U.S. and Iranian governments in various fields is more active than ever before, but we have not yet reached a consensus. Other matters: 1. Pakistani Prime Minister: We will continue to work with Saudi Arabia and Turkey to play a constructive role in safeguarding our national and regional security. 2. Iran: The media is the battlefield; we have successfully resisted the propaganda offensive. 3. Iranian Agriculture Minister: Food security is not a concern; everything is under control. 4. Iran: The so-called "unprecedented" sanctions imposed by the U.S. have no impact on Irans position. 5. Iranian Foreign Ministry Spokesperson: Iran will prioritize seeking compensation for the trillions of dollars in environmental damage caused by the U.S. 6. The Hormozgan Ports and Maritime Authority stated that the oil spill cleanup on Qeshm Island has been completed. 7. Trump claims secret communication with the Iranian Revolutionary Guard; Iran responds: Its an illusion. 8. U.S. Envoy Kushner urges Netanyahu to advance the Trump-backed Gaza ceasefire plan, "Dont create obstacles." 9. Iranian Foreign Ministry: Until the location is confirmed, we will consider our pilot to be a prisoner in Qatar. 10. Israeli political sources say Netanyahu and Kushner reached an agreement to halt any Gaza reconstruction plans, which will be linked to Hamas disarmament. 11. Turkish diplomatic sources: The Turkish Foreign Minister spoke with the Iranian Foreign Minister by phone to discuss efforts to open the Strait of Hormuz and extend the US-Iran ceasefire. 12. US Energy Secretary Wright: Measures will be announced in the coming days to help refineries increase fuel production. The US Strategic Petroleum Reserve still holds 300 million barrels, and will be higher than before the conflict ends.