U.S. posts $27 billion budget surplus in June amid rising customs revenue
The U.S. unexpectedly recorded a $27 billion budget surplus in June, reversing last year’s deficit. This improvement reflects stronger customs colle...
U.S. President Donald Trump has hinted at a major announcement later this week, without offering any details, during a wide-ranging Oval Office exchange with Canadian leader Mark Carney.
U.S. President Donald Trump stated on Monday that a major announcement could be made later this week, though he did not specify the topic or provide further details. Speaking from the Oval Office alongside Canadian Prime Minister Mark Carney, Trump indicated the announcement may come on Thursday, Friday, or Monday, ahead of his upcoming trip to the Middle East.
While the nature of the announcement remains unclear, Trump described it as “very positive.” The administration has been engaged in ongoing trade negotiations with multiple countries, leading to speculation that the statement could be related to trade or economic policy.
During the meeting, Trump addressed U.S. trade relations, saying that the country is in a strong position and that it is not necessary to sign agreements unless they are favourable. “They want a piece of our market. We don’t want a piece of their market,” he said, referring to ongoing international trade discussions.
The conversation also included references to Canada’s role in global defence efforts, with Trump noting increased military participation by Canada. At one point, Trump made a remark about Canada becoming the 51st U.S. state. Carney responded by stating, “Some places are never for sale,” and added that cooperation between the two nations should focus on partnership.
Carney said the visit was aimed at improving bilateral ties, which have faced challenges in recent years due to tariff policies and political rhetoric. The two leaders spoke about strengthening collaboration and addressing shared priorities.
Trump also commented on Carney’s recent election victory, describing it as a major political comeback and offering his congratulations. Carney expressed appreciation for the meeting, noting the importance of cooperation between Canada and the United States.
In response to a question about Canada’s primary concession in talks, Trump answered, “Friendship,” without elaborating further.
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