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President Donald Trump said Friday he is calling off trade negotiations with Canada in retaliation for taxes impacting US tech firms, adding that Ottawa will learn of their new tariff rate within a week.Trump was referring to Canada’s digital services tax, which was enacted last year and forecast to bring in Can$5.9 billion (US$4.2 billion) over five years.While the measure is not new, US service providers will be “on the hook for a multi-billion dollar payment in Canada” come June 30, noted the Computer & Communications Industry Association recently.The three percent tax applies to large or multinational companies such as Alphabet, Amazon and Meta that provide digital services to Canadians, and Washington has previously requested dispute settlement talks over the matter.”Based on this egregious Tax, we are hereby terminating ALL discussions on Trade with Canada, effective immediately,” Trump said in a post on his Truth Social platform Friday.Canada may have been spared some of Trump’s sweeping duties, but it faces a separate tariff regime.Trump has also imposed steep levies on imports of steel, aluminum and autos.Last week, Canadian Prime Minister Mark Carney said Ottawa will adjust its 25 percent counter tariffs on US steel and aluminum — in response to a doubling of US levies on the metals to 50 percent — if a bilateral trade deal was not reached in 30 days.”We will continue to conduct these complex negotiations in the best interest of Canadians,” Carney said Friday, adding that he had not spoken to Trump on the day.US Treasury Secretary Scott Bessent told CNBC that Washington had hoped Carney’s government would halt the tax “as a sign of goodwill.”He now expects US Trade Representative Jamieson Greer to start a probe to determine the harm stemming from Canada’s digital tax.- China progress -Trump’s salvo targeting Canada came shortly after Washington and Beijing confirmed finalizing a framework to move forward on trade.A priority for Washington in talks with Beijing had been ensuring the supply of the rare earths essential for products including electric vehicles, hard drives and national defense equipment.China, which dominates global production of the elements, began requiring export licenses in early April, a move widely viewed as a response to Trump’s blistering tariffs.Both sides agreed after talks in Geneva in May to temporarily lower steep tit-for-tat duties on each other’s products.China also committed to easing some non-tariff countermeasures but US officials later accused Beijing of violating the pact and slow-walking export license approvals for rare earths.They eventually agreed on a framework to move forward with their Geneva consensus, following talks in London this month.A White House official told AFP on Thursday that the Trump administration and China had “agreed to an additional understanding for a framework to implement the Geneva agreement.”This clarification came after the US president told an event that Washington had inked a deal relating to trade with China, without providing details.Under the deal, China “will review and approve applications for the export control items that meet the requirements in accordance with the law,” China’s commerce ministry said.”The US side will correspondingly cancel a series of restrictive measures against China,” it added.- Upcoming deals? -Dozens of economies, although not China, face a July 9 deadline for steeper duties to kick in — rising from a current 10 percent.It remains to be seen if countries will successfully reach agreements to avoid them before the deadline.On talks with the European Union, for example, Trump told an event at the White House on Friday: “We have the cards. We have the cards far more than they do.”But Bessent said Washington could wrap up its agenda for trade deals by September, indicating more agreements could be concluded, although talks were likely to extend past July.Bessent told Fox Business there are 18 key partners Washington is focused on pacts with.”If we can ink 10 or 12 of the important 18, there are another important 20 relationships, then I think we could have trade wrapped up by Labor Day,” Bessent said, referring to the US holiday on September 1.Wall Street’s major indexes finished at fresh records as markets cheered progress in US-China trade while shrugging off concerns about Canada. 

The US Federal Reserve’s preferred inflation measure logged a mild uptick Friday while spending weakened, triggering another tirade by President Donald Trump against the central bank chair for not cutting interest rates sooner.”We have a guy that’s just a stubborn mule and a stupid person,” Trump told an event at the White House, referring to Fed Chair Jerome Powell. “He’s making a mistake.”With Powell’s term as Fed chief coming to an end next year, Trump hinted at his choice of successor: “I’m going to put somebody that wants to cut rates.”The president’s remarks came after government data showed the personal consumption expenditures (PCE) price index climbing 2.3 percent last month from a year ago in May.This was in line with analyst expectations and a slight acceleration from April’s 2.2 percent increase, but still a relatively mild uptick.Excluding the volatile food and energy sectors, the PCE price index was up 2.7 percent, rising from April’s 2.6 percent uptick, the Commerce Department’s report showed.But consumer spending declined, after Trump’s fresh tariffs in April dragged on consumer sentiment. PCE dropped by 0.1 percent from the preceding month, reversing an earlier rise.While Trump has imposed sweeping tariffs on most US trading partners since returning to the White House in January — alongside higher rates on imports of steel, aluminum and autos — these have had a muted effect so far on inflation.This is in part because he held off or postponed some of his harshest salvos, while businesses are still running through inventory they stockpiled in anticipation of the levies.But central bank officials have not rushed to slash interest rates, saying they can afford to wait and learn more about the impact of Trump’s recent duties. They expect to learn more about the tariffs’ effects over the summer.- ‘Clear weakening’ -“The experience of the limited range of tariffs introduced in 2018 suggests that pass-through to consumer prices is intense three-to-six months after their implementation,” warned economists Samuel Tombs and Oliver Allen of Pantheon Macroeconomics in a note.They flagged weakness in consumer spending, in part due to a pullback in autos after buyers rushed to get ahead of levies.And spending on services was tepid even after excluding volatile components, they said.”There has also been a clear weakening in discretionary services spending, notably in travel and hospitality,” said Michael Pearce, deputy chief US economist at Oxford Economics, in a note.This reflects “the chilling effect of the plunge in consumer sentiment,” he added.Between April and May, the PCE price index was up 0.1 percent, the Commerce Department report showed.As a July deadline approaches for higher tariff rates to kick in on dozens of economies, all eyes are also on whether countries can reach lasting trade deals with Washington to ease the effects of tariffs.For now, despite the slowing in economic growth, Pearce said risks that inflation could increase will keep the Fed on hold with interest rates “until much later in the year.”

Lawyers for a Salvadoran man who was wrongly deported and then returned to the US to face human smuggling charges took the unusual step on Friday of asking a judge not to release him from prison.”The irony of this request is not lost on anyone,” said the lawyers for Kilmar Armando Abrego Garcia, whose case has become a key test of President Donald Trump’s deportation policies.Abrego Garcia was summarily deported to a maximum security prison in El Salvador in March and brought back to the US this month to face human smuggling charges.A magistrate judge and a federal district judge have both said Abrego Garcia, who is being held in Tennessee, is eligible to be released on bail pending trial.Federal prosecutors have opposed Abrego Garcia’s release and warned that he may be deported once again if he is released from custody.The deportation threat led Abrego Garcia’s lawyers to ask Magistrate Judge Barbara Holmes to request that he remain in custody until a hearing in the case scheduled for July 16.”Because we cannot put any faith in any representation made on this issue by the (Justice Department), we respectfully request to delay the issuance of the release order until the July 16 hearing,” they said.”A short delay will prevent the government from removing Mr. Abrego and allow time for the government to provide reliable information concerning its intentions,” they added.Abrego Garcia is charged in Nashville, Tennessee, with smuggling undocumented migrants around the United States between 2016 and 2025.He has pleaded not guilty and Holmes said in a ruling earlier this week that prosecutors had not made a convincing argument that he should be detained pending trial.Abrego Garcia was living in Maryland until he became one of more than 200 people sent to the CECOT prison in El Salvador as part of Trump’s crackdown on migrants.Most of those who were summarily deported were alleged members of the Venezuelan gang Tren de Aragua, which the administration has declared a foreign terrorist organization.Justice Department lawyers later admitted that Abrego Garcia — who is married to a US citizen — was wrongly deported due to an “administrative error.”Abrego Garcia had been living in the United States under protected legal status since 2019, when a judge ruled he should not be deported because he could be harmed in his home country.

Conventional wisdom among Bruce Springsteen fans holds that the 1990s were his “lost” decade — a period where he struggled to chart a new course after parting ways with his longtime collaborators, the E Street Band.  It turns out “The Boss” never bought into that narrative, and now he’s aiming to overturn it with a new collection of unreleased material, “Tracks II: The Lost Albums,” released on Friday.”I often read about myself in the ’90s as having some lost period,” the 75-year-old rocker said in a 17-minute documentary released last week.”Actually, Patti and I were parenting very young children at the time, so that affected some of your workout,” he conceded, referencing his wife and E Street Band member, Patti Scialfa. “But really, I was working the whole time.” During the Covid pandemic, Springsteen returned to his archives and “finished everything I had in my vault.”The result is a sprawling box set compilation of 83 songs organized thematically into seven albums, spanning his output from 1983 to 2018.But the greatest spotlight falls on the 1990s — a decade long seen as a wilderness period for the New Jersey native, who was said to be struggling to find a solo identity during his hiatus from the E Street Band.Springsteen first burst onto the national scene in the ’70s as a would-be heir to Bob Dylan, hit new commercial heights in the ’80s with “Born in the USA,” and delivered what many view as the definitive artistic response to the 9/11 attacks with “The Rising.”One album in the box set revisits the “Streets of Philadelphia Sessions,” evoking the namesake hit with a moody blend of synthesizers and pulsing drumbeats as he explores dark emotional terrain.”I’d made three albums about relationships, I had a fourth one,” Springsteen said. “It was particularly dark, and I just didn’t know if my audience was going to be able to hear it at that moment.”Another record, “Somewhere North of Nashville,” is a rollicking, country-rooted romp. A third, “Inyo,” recorded in the late ’90s along California’s borderlands, is an ode to Mexican-American culture.Springsteen is far from the first major artist to unearth new material from songs that were originally shelved, following a tradition established by Dylan’s “Bootleg Series” in 1991.”Tracks II,” as the name suggests, is a sequel to 1998’s “Tracks” — and “Tracks III” is set to follow.Over the years, critics have often argued there’s a reason some tracks remain unreleased — with “new” Beatles songs based on the late John Lennon’s homemade demos often cited as proof that not every vault needs to be reopened.So far, however, “Tracks II” has been received favorably by many reviewers.”For any fan, it’s a revelation to hear the secret mischief that Bruce Springsteen was making in the shadows, during his most low-profile era — the music he made for himself, after years of making music for the world,” wrote Rob Sheffield in Rolling Stone.

The Trump administration said Friday it is terminating temporary legal protections that allowed more than 520,000 Haitians to live in the United States.The United States grants Temporary Protected Status (TPS) to foreign citizens who cannot safely return home because of war, natural disasters or other “extraordinary” conditions.The Department of Homeland Security said it was ending TPS for Haitians on September 2 and encouraged those who were living in the United States under the program to return home.Former president Joe Biden extended TPS for Haitians before leaving office, allowing them to reside in the United States until February 2026.But the Trump administration announced in February that it was canceling the extension. It said on Friday it was terminating TPS for Haitians altogether on September 2.”The environmental situation in Haiti has improved enough that it is safe for Haitian citizens to return home,” DHS said.Permitting Haitian nationals to remain temporarily in the United States is contrary to US national interest, it added.Struck by a devastating earthquake in 2010, Haiti has suffered from political instability for decades and more recently from increasing violence by armed groups.The US State Department currently advises Americans not to travel to Haiti “due to kidnapping, crime, civil unrest and limited heath care.”President Donald Trump has pledged to carry out the largest deportation campaign in US history and curb immigration, mainly from Latin American nations.Trump ordered a review of the TPS program on his return to the White House and his administration has revoked TPS protections for Afghans and Venezuelans in addition to Haitians.During his campaign Trump made baseless claims that an Ohio city had seen a recent influx of Haitian migrants who were stealing and eating residents’ cats and dogs.A UN human rights expert called on the United States and other nations in March not to expel Haitians back to their violence-plagued country.William O’Neill, a UN-designated expert on human rights in Haiti, said deporting people back there would be unsafe.”Violent criminal groups continue to extend and consolidate their hold beyond the capital,” O’Neill said.”They kill, rape, terrorize, set fire to homes, orphanages, schools, hospitals, places of worship, recruit children and infiltrate all spheres of society.”

US President Donald Trump said Friday he had saved Iran’s Ayatollah Ali Khamenei from assassination and lashed out at the supreme leader for ingratitude, declaring he would order more bombing if the country tried to pursue nuclear weapons.In an extraordinary outburst on his Truth Social platform, Trump blasted Tehran for claiming to have won its war with Israel and said he was halting work on possible sanctions relief.The tirade came as Iran prepared to hold a state funeral for 60 nuclear scientists and military commanders who were killed in the 12-day bombing blitz Israel launched on June 13.Iran says the scientists were among a total of at least 627 civilians killed. Trump said the United States would bomb Iran again “without question” if intelligence indicated it was able to enrich uranium to military grade.Iran has consistently denied any ambition to develop a nuclear arsenal.Trump accused the Iranian leader of ingratitude after Khamenei said in a defiant message that reports of damage to nuclear facilities were exaggerated and that Tehran had dealt Washington a “slap” in the face.”I knew EXACTLY where he was sheltered, and would not let Israel, or the U.S. Armed Forces, by far the Greatest and Most Powerful in the World, terminate his life,” Trump posted.”I SAVED HIM FROM A VERY UGLY AND IGNOMINIOUS DEATH, and he does not have to say, ‘THANK YOU, PRESIDENT TRUMP!'” Trump also said that he had been working in recent days on the possible removal of sanctions against Iran, one of Tehran’s main demands.”But no, instead I get hit with a statement of anger, hatred, and disgust, and immediately dropped all work on sanction relief, and more,” Trump added, exhorting Iran to return to the negotiating table.Iran has denied it is set to resume nuclear talks with the United States, after Trump said that negotiations were set to begin again next week.Its government on Friday rejected a request by Rafael Grossi, the director of the UN’s International Atomic Energy Agency, to visit facilities bombed by Israel and the United States, saying it suggested “malign intent.”Foreign Minister Abbas Araghchi hit out at Grossi personally in a post on X for not speaking out against the air strikes, accusing him of an “astounding betrayal of his duties.”- ‘Beat to hell’ -Asked earlier in a White House press conference whether he would consider fresh air strikes if last week’s sorties were not successful in ending Iran’s nuclear ambitions, Trump said: “Sure. Without question. Absolutely.”Trump added that Khamenei and Iran “got beat to hell”.The war of words came with a fragile ceasefire holding in the conflict between Israel and Iran.Speculation had swirled about the fate of Khamenei before his first appearance since the ceasefire — a televised speech on Thursday.Khamenei hailed what he described as Iran’s “victory” over Israel, vowing never to yield to US pressure.”The American president exaggerated events in unusual ways, and it turned out that he needed this exaggeration,” the Iranian leader said.It was unclear if Khamenei would attend Saturday’s state funeral in Tehran.The commemorations begin at 8:00 am (0430 GMT) at Enghelab Square in central Tehran, to be followed by a funeral procession to Azadi Square, about 11 kilometres (seven miles) across the sprawling metropolis.In a televised interview on Friday, Mohsen Mahmoudi, head of Tehran’s Islamic Development Coordination Council, had vowed it would be a “historic day for Islamic Iran and the revolution”.On the first day of the war on June 13, Israel killed Revolutionary Guards commander Hossein Salami.He will be laid to rest after Saturday’s ceremony, which will also honour at least 30 other top commanders.Armed forces chief of staff General Mohammad Bagheri will be buried with his wife and journalist daughter who were killed alongside him in an Israeli strike.Of the 60 people who are to be laid to rest after Saturday’s ceremony, four are women and four are children.Tehran is still coming to terms with the damage wrought by Israel’s bombing campaign, the capital’s first taste of war since the devastating 1980-88 conflict with Saddam Hussein’s Iraq.Israel bombed multiple residential neighbourhoods as it killed the senior figures being laid to rest on Saturday, many of them in their own homes.Retaliatory drone and missile fire by Iran killed 28 people in Israel, according to official figures.

The US Supreme Court on Friday upheld a Texas law requiring pornographic websites to verify visitors’ ages, rejecting arguments that this violates free speech and boosting efforts to protect children from online sexual content.The court’s decision will impact a raft of similar laws nationwide and could set the direction for internet speech regulation as concerns about the impact of digital life on society grow.Texas is one of about 20 US states to institute checks that porn viewers are over 18, which critics argue violate First Amendment free speech rights.Britain and Germany also enforce age-related access restrictions to adult websites, while a similar policy in France was blocked by the courts a week ago.US companies like Meta, meanwhile, are lobbying Washington lawmakers for age-based verification to be carried out by smartphone giants Apple and Google on their app stores.The Texas law was passed in 2023 by the state’s Republican-majority legislature but was initially blocked after a challenge by an adult entertainment industry trade association.A federal district court sided with the trade group, the Free Speech Coalition, saying the law restricted adults’ access to constitutionally protected content.But a conservative-dominated appeals court upheld the age verification requirement, prompting the pornography trade group to take its case to the Supreme Court, where conservatives have a 6-3 supermajority.Under the law, companies that fail to properly verify users’ ages face fines up to $10,000 per day and up to $250,000 if a child is exposed to pornographic content as a result.To protect privacy, the websites aren’t allowed to retain any identifying information obtained from users when verifying ages, and doing so could cost companies $10,000 daily in fines.During arguments in January before the Supreme Court, a lawyer representing the Free Speech Coalition said the law was “overly burdensome” and that its goal could be accomplished using content filtering programs.But Justice Amy Coney Barrett, the mother of seven children, took issue with the efficacy of content filtering, saying that from personal experience as a parent, such programs were difficult to maintain across the many types of devices used by kids.Barrett also asked the lawyer to explain why requesting age verification online is any different than doing so at a movie theater that displays pornographic movies.The lawyer for the Free Speech Coalition — which includes the popular website Pornhub that has blocked all access in some states with age verification laws — said online verification was different as it leaves a “permanent record” that could be a target for hackers.During the court’s hearing of the case in January, Chief Justice John Roberts and Justice Clarence Thomas, both Republican appointees, seemed to suggest that advances in technology might justify reviewing online free speech cases.In 1997, the Supreme Court struck down, in an overwhelming 7-2 decision, a federal online age-verification law in what became a landmark free speech case that set a major precedent for the internet age.

President Donald Trump has escalated his longstanding assault on the mainstream media, denigrating individual reporters and threatening legal action against major outlets over their coverage this week of US military strikes on Iran.Trump has staked significant political capital on the success of last weekend’s strikes, which he ordered despite criticism within his own support base for breaking his campaign promises to avoid foreign military interventions.The president has blasted press coverage of a preliminary classified report from his own administration that suggested that Trump’s claim that Iran’s nuclear facilities were “obliterated” was overstated.The unusually scathing attack on reporters underscores what many observers view as Trump’s effort to put the media — already battling record low public trust — on the defensive and stifle scrutiny of the bombing raid.”Having made the decision to join the fight against Iran, being able to claim that the intervention was brief and successful has obvious political upside for Trump in repairing rifts within his coalition,” Joshua Tucker, co-director of the New York University Center for Social Media and Politics, told AFP.”The discussion by the media of the preliminary intelligence report therefore complicated the president’s preferred narrative about the US attack.”The preliminary intelligence assessment, first reported by CNN and The New York Times, then picked up by other mainstream media, suggested that the strikes may not have destroyed the core parts of the nuclear sites and had set back Iran’s nuclear program by only a few months.Trump said CNN should throw the reporter on the story out “like a dog.” He said CNN and New York Times reporters were “bad and sick people” attempting to demean American pilots involved in the strikes.At a televised news conference on Thursday, Pentagon chief Pete Hegseth reiterated the president’s complaints and pushed back on the findings of the report — issued by the US Defense Intelligence Agency –- but did not deny its existence.- ‘Increasingly ugly’ -Both news outlets have stood behind their journalists and defended their reporting.”President Trump and his administration are going after shooting the messengers in an increasingly ugly way,” said CNN’s top political anchor Jake Tapper.”They’re calling journalists ‘fake news’ for true stories,” he added.Trump has also threatened to sue The New York Times and CNN over their coverage of the intelligence report.In a letter, the president’s personal lawyer said the New York Times had damaged Trump’s reputation and demanded that it “retract and apologize” for its report, calling it “false,” “defamatory” and “unpatriotic,” according to the newspaper.The newspaper said it had rejected those demands.”Trump is killing the messenger,” Todd Belt, director of the political management program at George Washington University, told AFP.”He’s taking it out on the press because he knows that the press are unpopular,” particularly among his core Make America Great Again (MAGA) base, he said.”Additionally, he and others in the administration are using the attack line of patriotism to bolster their side against the press.”- ‘Peace through strength’ -The anti-media rhetoric escalates Trump’s longstanding battle with the press.Since the beginning of his second term, his administration has sought to target the finances of media organizations — already struggling in an increasingly tough commercial climate — by cutting government agencies’ news subscriptions.He has also targeted news outlets with multi-million dollar lawsuits.Trump’s latest attacks come amid a public relations campaign to portray himself as a peacemaker in the Middle East, while retaining the support of his core MAGA base.On Friday, Trump doubled down on his stance, stating that Iran’s Ayatollah Ali Khamenei “got beat to hell” in the hostilities involving the United States and Israel, while exhorting Tehran to return to the negotiating table.”If his ‘peace through strength’ single attack didn’t work and the conflict gets drawn out, this undermines his claim as a peacemaker,” said Belt.”If the public believes the single strike didn’t work, then he will either have to attack again or negotiate from a position that recognizes that Iran still maintains fissile material, which may not work.”

US President Donald Trump’s signature domestic policy bill faced major roadblocks Friday, as his Republicans struggled to overcome differences and many of the spending cuts proposed to pay for his tax breaks were deemed against Senate rules.Trump is hoping to seal his legacy with the so-called “One, Big Beautiful Bill” — extending his expiring first-term tax cuts at a cost of $4.5 trillion and beefing up border security.But Republicans eying 2026 midterm congressional elections are divided over the package, which would strip health care from millions of the poorest Americans and add more than $3 trillion to America’s burgeoning debt pile.Trump ratcheted up pressure on Congress to get the package to his desk by July 4, posting on social media Friday: “We can get it done. It will be a wonderful Celebration for our Country.”Senate Republican leaders had planned to begin a weekend of votes beginning Friday to pass the sprawling legislation but that timetable was in limbo, with negotiations mired in rows.Republicans are using an arcane process called “reconciliation” which allows them to pass the package on a simple majority, without Democratic buy-in.But there are strict rules governing the provisions allowed in such legislation, adjudicated by the chamber’s independent “referee,” Senate Parliamentarian Elizabeth MacDonough.The savings come largely from decimating funding for Medicaid, the health insurance program for low-income Americans, but MacDonough called some of those cuts out-of-bounds.That leaves around $250 billion in savings on the cutting room floor, and Republicans scrambling to offset the $4.5 trillion cost of Trump’s tax relief elsewhere. Republicans are split in any case on the Medicaid cuts, which will threaten scores of rural hospitals and lead to an estimated 8.6 million Americans being deprived of health care.Independent analysis also shows that the bill would pave the way for a historic redistribution of wealth from the poorest 10 percent of Americans to the richest.It is unpopular across multiple demographic, age and income groups, according to extensive recent polling. Although the House has already passed its own version, both chambers have to agree on the same text before it can be signed into law.Republican leaders worked Friday to hammer out a version that can get a quick rubber-stamp in the House without returning to the negotiating table.But more than a dozen House Republicans — enough to tank the package — have said they will not vote for the Medicaid cuts. Meanwhile, there are conservatives in both chambers who are adamant that the cuts do not go far enough.”Every Republican senator is committed,” Trump said at a White House press conference Friday.But he acknowledged the bill’s precarious status, telling reporters that “a couple of grandstanders” could derail his plans.”And it’s very dangerous, because our country would go from being the most successful country in the world to, who knows what,” he said.

President Donald Trump said Friday he is calling off trade negotiations with Canada in retaliation for taxes impacting US tech firms, adding that Ottawa will learn of their new tariff rate within a week.Trump was referring to Canada’s digital services tax, which was enacted last year and forecast to bring in Can$5.9 billion (US$4.2 billion) over five years.While the measure is not new, US service providers will be “on the hook for a multi-billion dollar payment in Canada” come June 30, noted the Computer & Communications Industry Association recently.The three percent tax applies to large or multinational companies such as Alphabet, Amazon and Meta that provide digital services to Canadians, and Washington has previously requested dispute settlement talks over the matter.”Based on this egregious Tax, we are hereby terminating ALL discussions on Trade with Canada, effective immediately,” Trump said in a post on his Truth Social platform Friday.He called the country “very difficult” to trade with.Canada may have been spared some of Trump’s most sweeping duties, such as a 10 percent levy on nearly all US trading partners, but it faces a separate tariff regime.Trump has also imposed steep levies on imports of steel, aluminum and autos.Last week, Canadian Prime Minister Mark Carney said Ottawa will adjust its 25 percent counter tariffs on US steel and aluminum — in response to a doubling of US levies on the metals to 50 percent — if a bilateral trade deal was not reached in 30 days.”We will continue to conduct these complex negotiations in the best interest of Canadians,” Carney said Friday, adding that he had not spoken to Trump following the US president’s announcement.- China progress -Trump’s latest salvo targeting Canada came shortly after Washington and Beijing confirmed finalizing a framework to move forward on trade.Beijing said Washington would lift “restrictive measures” while China would “review and approve” items under export controls.A priority for Washington in talks with Beijing had been ensuring the supply of the rare earths essential for products including electric vehicles, hard drives and national defense equipment.China, which dominates global production of the elements, began requiring export licenses in early April, a move widely viewed as a response to Trump’s blistering tariffs.The two sides agreed after talks in Geneva in May to temporarily lower steep tit-for-tat duties on each other’s products.China also committed to easing some non-tariff countermeasures but US officials later accused Beijing of violating the pact and slow-walking export license approvals for rare earths.They eventually agreed on a framework to move forward with their Geneva consensus following talks in London this month.A White House official told AFP on Thursday that the Trump administration and China had “agreed to an additional understanding for a framework to implement the Geneva agreement.”This clarification came after the US president told an event that Washington had inked a deal relating to trade with China, without providing details.Under the deal, China “will review and approve applications for the export control items that meet the requirements in accordance with the law,” China’s commerce ministry said.”The US side will correspondingly cancel a series of restrictive measures against China,” it added.- Upcoming deals? -Dozens of economies, although not China, face a July 9 deadline for steeper duties to kick in — rising from a current 10 percent.It remains to be seen if other countries facing the higher US tariffs will successfully reach agreements to avoid them before the deadline.US Treasury Secretary Scott Bessent said Friday that Washington could wrap up its agenda for trade deals by September, indicating more agreements could be concluded although talks were likely to extend past July.Speaking to Fox Business, Bessent reiterated there are 18 key partners Washington is focused on pacts with.”If we can ink 10 or 12 of the important 18, there are another important 20 relationships, then I think we could have trade wrapped up by Labor Day,” Bessent said, referring to the US holiday on September 1.The White House suggested Thursday the July deadline could be extended, or Trump could pick a tariff rate for countries if there was no agreement.Wall Street’s major indexes, which bounced early Friday on hopes for deals, lost some ground after Trump called off Canada talks.