Bloomberg News Now: Iran Replies to US Peace Plan, LNG Tanker Transits Hormuz, More

Summary

This Bloomberg News Now episode covers Iran's response to the US peace plan and ongoing mediation by Pakistan, which is also seeking Qatari LNG via the Strait of Hormuz. Other headlines include a cargo ship attack, a hantavirus outbreak on a cruise ship, upcoming Trump-Xi trade talks, Canada's openness to deeper North American trade ties, and expectations of elevated US inflation data.

• Iran replies to US peace proposal; Pakistan mediates conflict.
• Pakistan in talks with Iran to allow limited Qatari LNG cargoes through the Strait of Hormuz.
• Commercial cargo ship attacked by drones in Qatari waters; no injuries reported.
• Hantavirus-hit cruise begins evacuation in Spain's Canary Islands; 17 Americans on board.
• President Trump to meet Xi Jinping in Beijing to discuss trade framework, including AI semiconductors.
• Canada's PM Carney signals openness to deeper trade ties with US and Mexico in energy and critical minerals.
• Economists forecast a 0.6% monthly CPI increase for April amid elevated inflation concerns.
• Existing home sales expected to partially rebound in April after March decline.