Ahead of tariffs starting Tuesday, President Donald Trump posted on social media that he spoke Monday morning with Canadian Prime Minister Justin Trudeau and would "be speaking to him again at 3:00 P.M."

Trump has said he also would talk Monday with his counterpart in Mexico. Both Canada and Mexico are about to levy their own tariffs in response to U.S. actions.

U.S. President Donald Trump is set to unveil fresh tariffs Saturday on major trading partners Canada, Mexico and China, threatening upheaval across supply chains from energy to autos and raising inflation concerns.

Trump has promised to impose 25 percent tariffs on immediate neighbors Canada and Mexico, pointing to their failure to stop illegal immigration and the flow of fentanyl across U.S. borders.

Tesla, IBM and Meta Platforms helped lead most U.S. stocks higher on Thursday following a rush of profit reports from some of the country's most influential companies.

The S&P 500 rose 0.5%, as four out of every five stocks in the index climbed. The Dow Jones Industrial Average added 168 points, or 0.4%, and the Nasdaq composite gained 0.3%.

President Donald Trump said his 25% tariffs on Canada and Mexico are coming on Saturday, but he's still considering whether to include oil from those countries as part of his import taxes.

"We may or may not," Trump told reporters Thursday in the Oval Office about tariffing oil from Canada and Mexico. "We're going to make that determination probably tonight."

Five years ago Friday, two crowds of people gathered near Britain's Parliament — some with Union Jacks and cheers, others European Union flags and tears.

On Jan. 31, 2020 at 11 p.m. London time – midnight at EU headquarters in Brussels — the U.K. officially left the bloc after almost five decades of membership that had brought free movement and free trade between Britain and 27 other European countries.

The American economy ended 2024 on a solid note with consumer spending continuing to drive growth.

The Commerce Department reported Thursday that gross domestic product — the economy's output of goods and services — expanded at a 2.3% annual rate from October through December.

Europe's economy stagnated at the end of last year as its former growth engine, Germany, finished a second straight year of shrinking output, officials said Thursday.

Gross domestic product was flat with a zero increase in the final quarter of 2024 in the 20-nation eurozone, the EU statistics agency Eurostat said.

President Donald Trump may want lower interest rates, but the Federal Reserve will almost certainly keep its benchmark interest rate unchanged at its two-day policy meeting that ends Wednesday.

It is likely to be a quiet start to an eventful year for the central bank. Trump said last week in Davos, Switzerland that he would bring down energy prices, then "demand" that the Fed lower borrowing costs.

The German government on Wednesday slashed its 2025 growth forecast for the country's economy, Europe's biggest, to just 0.3% after it shrank for two consecutive years.

The new projection is much lower than the government's previous forecast of 1.1% growth, issued in October.

U.S. chip-maker Nvidia led a rout in tech stocks after the emergence of a low-cost Chinese generative AI model that could threaten American dominance in the fast-growing industry.