Trump puts 35% tariff on Canada, and more – Five stories you need to know | Reuters

From Reuters.

1. U.S. President Donald Trump ramped up his tariff assault on Canada on Thursday, saying the U.S. would impose a 35% tariff on imports next month and planned to impose blanket tariffs of 15% or 20% on most other trading partners.

2. Bitcoin rallied to an all-time high on Friday, powered by demand from institutional investors and crypto-friendly policies from U.S. President Donald Trump’s administration.

3. Kyiv will allocate 260 million hryvnias ($6.2 million) for a drone interceptor program to defend the capital’s skies from Russian drones, city authorities said on Friday.

4. Britain’s economy contracted unexpectedly for a second month running in May, adding to worries at home for finance minister Rachel Reeves in an increasingly uncertain global environment, official data showed on Friday.

5. The original bag custom-made for actress Jane Birkin, which became one of the era-defining designs of the 20th century, was sold in Paris on Thursday for a record 8.6 million euros ($10.04 million), auctioneer Sotheby’s said.

#Tariff #Trump #Canada #Trade
#Bitcoin #Crypto #Investment #Policy
#Kyiv #Drones #Defense #Russia
#Economy #Britain #Finance #Contraction
#Birkin #Auction #Fashion #Design
#News #Reuters #Newsfeed

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