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Majority Back Trump Impeachment

A majority of Americans now support the impeachment of President Donald Trump, with 52% of registered voters backing removal proceedings compared to 40% opposed, according to a new poll commissioned by progressive groups Impeach Trump. Again. and Free Speech For People.

Conducted among 790 voters with a margin of error of 3.9%, the survey reveals a sharp divide, including 14% of Republicans favoring impeachment, amid escalating tensions over Trump’s war in Iran.

The poll marks a historic shift, as noted by John Bonifaz, president of Free Speech For People, who called the result unprecedented for this early in a presidential term during an April 6 press conference. Public sentiment has soured further since Trump’s approval rating dropped to 39% in early April, down from 42% in late February before the Iran conflict intensified. His recent threats, including a statement on April 7 that “a whole civilization will die tonight” if Iran failed to reopen the Strait of Hormuz, have amplified calls for his ouster.

You can read more on the matter here.

What’s going on?

• Germany Drops Travel Approval for Men of Military Age (theDeepDive)

• Longtime Conservative MP Marilyn Gladu joins Liberals in stunning floor crossing (TS)

• White House Downplays Reports of Iran’s “Persistent Threat” To Attack US Targets (theDeepDive)

• Canadian Crude Fetches Biggest Gulf Coast Premium in Two Years (Bloomberg)

• Conservative MP Marilyn Gladu Defects to Liberals, Boosting Carney’s Majority Hopes (theDeepDive)

• Middle East ceasefire under pressure over Israeli strikes on Lebanon (FT)

• TikTok To Build A Second €1B Data Centre In Finland (theDeepDive)

• Paramount President Jeff Shell Leaving Amid Lawsuit (WSJ)

• MAGA’s Love Affair with Trump Appears to be Over (theDeepDive)

What’s the latest?

• Tariffs: U.S. President Donald Trump announced 50% tariffs on imports from countries supplying weapons to Iran, despite a newly agreed two-week ceasefire. The policy lacks clear legal backing after courts blocked his previous tariff authority, and no specific countries were named. The move risks escalating trade tensions, particularly with China and Russia, which have been linked to Iran’s military support.

• Strait of Hormuz: About 187 tankers carrying 172M barrels remain stuck in the Strait of Hormuz, with ~1,000 vessels trapped overall. Even under normal conditions, clearing the backlog would take more than 2 weeks, exceeding the current 14-day ceasefire window. The strait handles ~20% of global oil/LNG trade, and despite renewed tanker inquiries, shipowners remain cautious due to unclear logistics, safety coordination, and insurance risks.

• Markets: Canada’s TSX rose 384 points to 33,621, while U.S. markets surged (Dow +1,199, S&P 500 +156, Nasdaq +628) on a ceasefire-driven relief rally. Oil dropped sharply by $17.70 to $95.26, easing inflation fears, while gold rose to $4,774.40 and the Canadian dollar strengthened to 72.21 cents US.

• Dollar: The Canadian dollar rose to a near two-week high at ~72.20 US cents (1.3850/USD), supported by improved sentiment after a ceasefire and a 16% drop in oil to ~$94.85/barrel. Bond yields fell (10-year at 3.42%) and markets reduced expectations to ~1 rate hike this year from two previously. The loonie gained 0.3%, while upcoming jobs data (forecast: +15,000) will guide monetary policy outlook.

• Commodities: Governments are shifting toward a wartime-style economy, stockpiling critical minerals like copper and aluminum; the IEA projects a 30% global copper supply deficit by 2035, with China holding 40–60% of above-ground copper stocks. Despite inventories, “available” copper is at historic lows, while U.S. tariffs aim to boost domestic smelting and keep prices elevated. Canada’s manufacturing sector has already lost 51,800 jobs due to tariffs. Meanwhile, central bank gold buying is easing as countries prioritize U.S. dollars amid rising energy costs.

How First Majestic Built a Silver Empire

The stock market and stuff

• Kimberly-Clark Warehouse Fire: Arsonist Says ‘All You Had to Do Was Pay Us Enough to Live’ (theDeepDive)

• Competition Bureau Probes Keyera’s $5.15 Billion Acquisition of Plains’ NGL Business (theDeepDive)

• Oil prices tumble but remain above prewar levels after U.S.-Iran ceasefire (Globe)

• NY Times Claims Adam Back Is Bitcoin Founder Satoshi Nakamoto (theDeepDive)

• Uranium Energy Corp Adds Second Producing ISR Platform With Texas Launch (theDeepDive)

In the juniors

• i-80 Gold Reports High-Grade Assay Results at Archimedes Underground Project Including 24.6 g/t Au Over 23.6 Meters; Development Advancing on Schedule (JMN)

• Andean Precious Metals Sees Q1 Production Grow 28% (theDeepDive)

• Hot Chili Confirms Major High-Grade Extension at La Verde from Standout Drill Result of 62 m @ 1.03% CuEq¹ within 725 m @ 0.42% CuEq¹ from 18 m depth (JMN)

FULL DISCLOSURE: First Majestic Silver is a client of Canacom Group, the parent company of The Deep Dive. Canacom Group is currently long the equity of First Majestic Silver. The author has been compensated to cover First Majestic Silver on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.