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Canadian Prime Minister Mark Carney said late June 29 that trade talks with U.S. have resumed after Canada rescinded its plan to tax U.S. technology firms.

President Donald Trump says he is not planning to extend a 90-day pause on tariffs on most nations beyond July 9, when the negotiating period he set would expire.

President Donald Trump said he was ending all discussions with Canada after claiming the country moved to implement a digital services tax, and threatened to impose a fresh tariff rate.

Policy wins on commercial vehicle emissions have allowed industry leaders to shift their attention to other pressing issues, American Trucking Associations President Chris Spear said.

“Truckers keep America running,” the DOT secretary said. “While the country sleeps, truckers grind through the night to help keep shelves stocked, families fed and businesses humming."

The ongoing rollback of commercial vehicle emission regulations under the second Trump administration has created uncertainty in the emerging battery-electric truck market.

The EU and the U.S. believe they can clinch a trade agreement before a July 9 deadline, when Washington is set to impose a 50% tariff on nearly all EU products and the bloc plans countermeasures.

Treasury Secretary Scott Bessent said the administration’s agenda for trade agreements could get wrapped up by Labor Day, indicating some talks could extend past the July  9 deadline.

A key inflation gauge moved higher in May in the latest sign that prices remain stubbornly elevated while Americans cut back on their spending.

Washington and Beijing have signed a trade agreement that will make it easier for U.S. firms to obtain magnets and rare earth minerals from China, Treasury Secretary Scott Bessent said June 27.