Trump, Scotland and European Union
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Trump has recently announced preliminary trade deals with Japan and other countries, and many of his paused "reciprocal" tariffs are set to resume next month.
Among the strongest performers, Thermo Fisher Scientific rose 12%, topping the leaderboard for large-cap stocks, followed by T-Mobile US, up 9%.
Pakistani Foreign Minister Ishaq Dar said his country was "very close" to a trade deal with the U.S., but officials in Washington did not mention any timeline.
With the Trump administration setting 15% as a floor for tariffs, companies and economists are warning of higher prices later this year.
Politicians and industry leaders have long pushed to remove barriers to interprovincial trade. Trump’s tariffs are giving the effort new momentum.
PorterYachts teams with the Ben Hotel to offer luxury yacht experiences, with CEO Brian Blouin stating that recent tariffs haven't affected charter business.
President Donald Trump’s trade deals are illegal, Piper Sandler flatly declares in a new research note. The investment bank analyzed ongoing court battles and legislative authority, and concluded that Trump’s reliance on the International Emergency Economic Powers Act (IEEPA) to impose wide-ranging tariffs and cut bilateral deals far exceeds the powers granted by Congress.
Canada's main stock index struggled for direction on Friday, after President Donald Trump said the United States may not reach a negotiated trade deal with Canada. At 9:32 a.m. ET (1332 GMT), Canada's benchmark S&P/TSX composite index was nearly flat at 27,