#us-tariffs

#us-tariffs

Lingering uncertainty over U.S. tariff decisions could continue to dampen sentiment around forward demand, urging traders to monitor developments, especially with the EU.

The new trade deal with Indonesia includes significant purchase commitments, such as $15 billion in US energy and $4.5 billion in American agricultural products, as well as 50 Boeing jets.

"We shouldn't impose countermeasures at this stage, but we should prepare to be ready to use all the tools in the toolbox," said Denmark's foreign minister, Lars Løkke Rasmussen.

Some strength in the IT and professional services sectors mean services growth as a whole scraped into positive territory for the month. However, that was not enough to offset contractions in manufacturing and construction sectors, meaning the UK economy shrank unexpectedly in May.

Shortly after the US stock market opened on Wednesday morning, Nvidia's stock price surged to $164.42. This pushed it briefly to a valuation of $4 trillion, a market value greater than the GDP of France, the UK, or India.

Jaguar Land Rover's quarterly sales fell by more than 10%, with total units sold decreasing from 97,755 to 87,286 compared to the same period last year.

Industry Minister Melanie Joly confirmed that talks are ongoing between the federal government and Rio Tinto regarding financial support due to U.S. tariffs on steel and aluminum.

Trump emphasized, "By the ninth they'll be fully covered," referring to a July 9 deadline for countries to reach deals to avoid higher import duties.

The EU leaders are convening to discuss imposing tougher sanctions on Russia amidst ongoing concerns regarding the war in Ukraine and potential U.S. tariffs.

Starting July 1st, Signify will implement price increases on Philips Hue smart lighting and accessories due to US tariffs, impacting potential buyers significantly.

The affected employees are part of its store support centres, as Lululemon evolves its organizational structure to operate with more agility and further invest in growth.

"It's about being self-reliant when it comes to waste management and all matters economic," Ontario's Environment Minister Todd McCarthy said in question period recently while defending the York1 project.

Swiss President Karin Keller-Sutter described the talks with U.S. Treasury Secretary Scott Bessent as "disappointing," but expressed hope for a solution to the upcoming U.S.-China tariff discussions.

Ontario Premier Doug Ford is signaling that his government's upcoming budget may not be balanced, as the province needs to support people in the face of U.S. President Donald Trump's tariffs.

We will not allow GM to barter Canadian jobs to gain Donald Trump's favour, said Unifor National President Lana Payne in a statement.