The U.S. has opted not to renew the United States-Mexico-Canada Agreement, known as USMCA, opening the door to fresh negotiations with Canada and Mexico:
An administration official stated that Trump "chose not to rubber stamp a USMCA renewal without addressing existing issues." Chief among those issues for Trump are the trade deficits:
Meanwhile, tech stocks continue to be the standout winners for the first half of the year, with Meta's shares rising 9% following news of the company's new cloud business:
