Canadian Prime Minister Justin Trudeau met with President-elect Donald Trump on Friday, according to people familiar with their plans, as the incoming US leader threatens to implement fresh tariffs on neighboring countries unless they halt the flow of illegal drugs and undocumented migrants across borders.
US stocks ended a shortened trading session higher while Treasury yields declined. Speculation that President-elect Donald Trump will temper his most extreme trade policies drove the dollar to its biggest weekly loss in three months.
Oil was steady as traders watched for any further clues to OPEC+’s production plans after it delayed a key virtual meeting by four days.
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