TARIFF UPDATES ACROSS THE WORLD:
1 good, 2 bad: Canada delays some tariffs, EU says "no progress being made," China escalates the trade war with not buying Boeing aircrafts.
- Canada will delay certain retaliatory U.S. tariffs by six months, offering temporary relief for imports used in manufacturing, packaging, and essential services like health care and public safety.
- EU officials expect U.S. tariffs to remain in place as trade talks stall, Bloomberg reports. A two-hour meeting between EU and U.S. representatives yielded little progress, with American officials indicating that most tariffs will likely stay. EU trade chief Maros Sefcovic left the talks without a clear understanding of U.S. objectives.
- China has instructed its airlines to halt any new purchases of Boeing aircraft, sources say, in response to escalating trade tensions after U.S. President Donald Trump imposed tariffs of up to 145% on Chinese goods
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