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U.S. stock-index futures were little changed on Sunday, as it appeared the U.S. was on the verge of an all-out trade war with Canada, one of its biggest trade partners.
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Canada Turned Down a US Tariff Deal. Now Comes the Economic Cost BloombergWhat Canadian Goods Will Take Trump's 50% Tariffs? Some Pretty Strange Items. The New York TimesU.S.-Canada breakdown shows limits of Trump's aggressive trade strategy The Washington PostThe lesson from Canada's collapsed trade talks with the US: negotiation may be futile The Guardian
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"It's a big setback," one analyst said, noting that other countries unhappy with the president's trade deals are probably watching closely.
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U.S. to unveil 'greatest financial offensive' against Iran as Tehran threatens ship seizures CNBCLive updates: US set to unveil ‘economic D-Day' sanctions on Iran CNNIran official says support for new sanctions would be an 'act of war,' and other Middle East news AP NewsWorld in Brief: America due to unveil sanctions on Iran's trade partners; Zelensky says elections would "destroy" Ukraine The Economist
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