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,

While recession odds have been dialed back in recent weeks, economists surveyed by The Wall Street Journal still see 33% odds of one coming within a year, compared with 22% at the start of 2025. Meanwhile, earnings estimates for the S&P 500 compiled by research group FactSet are 3% lower since then, the Journal said.

Donald Trump praised Australia’s decision to lift import curbs on US beef amid trade negotiations between the two allies, after the US president had highlighted Canberra’s biosecurity measures as an unfair impediment to trade.

The European Union dominates critical pharmaceutical imports into the United States, making the 30% tariffs Trump threatened to go into effect Aug. 1 particularly risky.

U.S. President Donald Trump announced a new 19% tariff rate for goods from the Philippines on Tuesday after what he called a "beautiful visit" by Philippine President Ferdinand Marcos Jr. to the White House,

Throw it all together and a level of predictability is finally emerging after six months of tariff threats that had at one point jacked up rates to 145% on China and near 50% on some smaller Asian exporters. Investors cheered the moves, with Asian shares rising the most in a month.

The tariff rate for imports from Indonesia will remain at the 19% rate announced last week, but the Southeast Asia nation has now agreed to sell critical minerals and purchase Boeing planes, farm products, and energy from the U.S., President Donald Trump announced in a post on social media Tuesday afternoon.