with a 10% levy due to come into effect later today. hello and welcome to business today. i'm steve lai. president trump has agreed to delay imposing tariffs and clamp down on trafficking of fentanyl. told him let's put on pause for a month and i'm sure in this we have in this month we can have results, results for your results, good results for your people, good results of the _77 of mexico and 7 of mexico and this was people of mexico and this was role of the agreement. the 7 f is i think itis very truth is i think it is very important are paused to important tariffs are paused to

allow us to and alley us ts; wed-s; nsggtiéts and the of the recognise the importance of the treaty, within that us mexico treaty, within that continue to fgaglework continue to , our meanwhile — canada's prime ministerjustin trudeau tweeted as terrorists and launch a canada—usjoint strike force so how is all this being seen in canada — and allies.

there is in knowing some of these tariffs will not imposed there is ee imeeee�*e' “eh�*eeeee thefe ie ' a ee imeeee�*ei “eh�*eeeee thefe ie ' a lot ee h�*ee�*eee�* ahfeeee h�*ee a ' a lot of anger and still a lot of anger and shock among and canadian among canadians and canadian businesses, and it creates a busineeeee, and it creates e of uncertainty, busineeeee, end it creetee e of uncertainty, as we know lot of uncertainty, as we know business does not like eee'heee eeee hee nee "ww” we eee'eeee eeee eee eieie ' we have 30 to eee'eeee eeee eee eieie ' forward ie have 30 to eee'eeee eeee eee eie7e ' forward with ve 30 to eee'eeee eeee eee eie7e ' forward with some to eee'eeee eeee eee eee7e ' forward with some plans o eee'eeee eeee eee eee7e ' forward with some plans to move forward with some plans to better equipped, and to try ee eeeeef eeee’e’eeejeee eeenj -.,, convince our cou nterpa rts j counterparts that this american counterparts that this is although will hurt the canadian ie wiee here the qeqeqeed— e... it. wiee here the qeteeqeete— .,, a bit it wiee hert the qeteeqeete— .,, a bit because we so tightly integrated it hurt 77 j 77 hurt th; 77 hurt th; americavns a will hurt the americans a great deal as much. in fact will hurt the americans a great dealas much. infact we deel ee'fflljch’;atiij in fect we done a deel ee'fflljch’;atiij in feet we done a study to survey or have done a study to survey or to model rather, those to model rather, what those types of tariffs mean for average �* on 5 average �*on both e a”, .. e, . ,,.., "no’fiiié" .,- z'jf'ii’i; bees; , --., h h'sf'ifié bseezezne h h h h'sf'ifié bseezezne we h h h'sf'ifié bseezezne eéée sides of the border. and we see that it sides of the border. and we see thatitis sides of the border. and we see that it is quite significant, close to $2000 it will cost

each canadian annually, but for eeeh qeheeie-e eflf�*eeeeee�*r'; eet {er |t eeeh qeheeie-e egge’eeee’; eet {er it is eeeh qeheeie-e eflfie’eee�*f; eet {er it is about eeeh qeheeie-e eflfie’eee�*j; eet {er it is about $1300. americans it is about $1300. for a running on fer e ereeieeet "eee'e’ee�*egjee'e—m — ——— fere ereeieeet reeeieaee— e— — , is certainly mm auoin to be ”rovidin that not going to be providing that it will be quite the opposite will be h will be inflationary. a lasting solution. in response to the threat tariffs some liquor stores have teriffe eng lin'qt'etqi’ee' heve us brands from pulled us brands from the shelves, tonight they are being restocked, the trade averted reeeeeeee eee ereee eeereee but feeeeeeee eee efeee eeefeee but for the permanent. may be permanent. z monica =i to amazon because of the becau she : the 5,*: becau she is 1e 5,*: becau she is not ,*: becau she is not going sign back 6 e sign back up. 6 e to sign back up. the whims of someone _ to sign back up. the whims of

someone - day - to sign back up. the whims of someone - day todayl to sign back up. the whims of. someone - day today is acceptablej e acceptablej fgr m; acceptablej fgr mg it 5 not acceptable, for me it has broken i can't broken something, i can't trust the us to the ally anymore. the us to be the ally anymore. at factory they make parts at this factory they make parts used in other goods, they were bracing for the worst, around 80% of canada's exports end up 899a; of caaada’s experts end up america, even 899a; of canada’s experts end dp america, even with the lgémerica. even with the delay president of iyryémerica. even with the delay president of the company questions said questions remain. ,, is that of the uncertainty is that of the terrace, we have been in eeffeee. we'hesfeh'een'in”""” " for 50 years, that of success, came from sides uccess, came from sides working :ame from sides working together, teeth eidee werleing eegether; f w ”riff—raw??? _m 1-— 5 {that relationship knowing that relatidnshlpwas fragile knowing that relatidhshlpwas fragile it knowing that relationshlpwas fragile it is, and that person pgrson their agenda can one person in their agenda can change that whole relationship in the course of a business that has been around for �*a that has been around for half a century, hurts a in century, hurts a lot. in windsor— century, hurts a lot. in windsor - you i century, hurts a lot. in windsor you can see the " fciiyo’f’i’f’f'fff’" city of betroit just american city of detroitjust the river. the of betrayal e of betrayal byfa feeling of betrayal by a replaced by a sense neighbour replaced by a sense relief, but for how long?

of relief, bgt'for how long? bbc news michelle fleury, bbc news ontario. a 10% levy is due to come into effect later today, smaller than the 60% pledged before president trump entered she says the chinese government's response has been muted, in part because it doesn't want to worry and that beijing may see an opportunity as well. check out that story and plenty more on our website. india has not been unscathed. the sunk to an

how has this tariff story out 7 out india 5 out india so far? played out for india so far? well steve, india also unable well steve. india also unable or insulated to withstand or insdlated—e ,, , ”w” from these itself from these global developments, the anxiety over as you said to spilling over as you said to the markets the spilling over as you said to the we |rkets the spilling over as you said to the we |rkets with: spilling over as you said to the weirkets with how spilling over as you said to the we |rkets with how the eerrehey. we began“ heal the looked yesterday, eerrehey. we began“ hew ehe looked yesterday, it markets looked yesterday, it was in the red, correcting themselves towards evening, time 7 time of e time of close, 6 time of close, the e accordin - eh; e—e �*e "�*:e ede-fin; e�*ee ~ ,, —— —— according to investors lost over estimates investors lost over 57 million dollars of wealth in a few minutes of trading, the heavyweight stocks like were the benchmark indices down the benchmark indices down, also the you *—* f *——* mention that has continued the downward slide at downward slide settling at 87 rupees to we this “:eeee *“ �*ke eh“? ese l“ese this downward slide in the two years going from 82 — last two years going from 82 — 87, we to some 8.7; we eeeke ee semeegeerte , ~ said are 8.7; we eeeke ee semen/eerie , ~ said are expecting wa nt 7 want to see some kind want torsee some kind of

e— the indian it is a weight and —: the other watch situation, on the other side is india waits to see what happens in the coming 777 hthre s in the comini h there are the coming 777 hthre are reports iini "'sis$isi

biden icted to dismantle the biden climate dismantle the biden climate policy. tle the has the trump house has announced the trump ally elon musk will be considered a government but 77 but not 77 but not receive employee—hot not receive a it means the boss of salarvc it means thelmsfef» ———— —— and salarvl it means thelmsfef» ———— —— and will salarvc it means thelmsfef» ———— —— and will continue tesla and spacex will continue to the government of to lead the government of government efficiency aimed at cutting spending and he may not have two discloses fine and, typically required tiocaiii eoced cf president government employees. president trump hascccc us aid lgugiggas suggested usaid for may lgugiggas suggestedcllsaid for may in future be ukraine nnay in fotc're he for earth the offer originally came from ukraine's president president trump signed an executive order on ssstvtws order on monday ’ "””" the creation eeeehewe ordor on monday ’ "””" the creation of a ordering the creation of a sovereign wealth within sovereign wealth fond within———— , —— r— ~ —— , next year said sovereign wealth fond withinew f ,c c o v. . next year said it sovereign wealth fond within———— , —— r— ~ —— , next year said it could ”a can 7725”), buy the video at

tiktok. president is following throu . h tiktok. president is following through on — tiktok. president is following through on an _ tiktok. president is following through on an idea _ tiktok. president is following through on an idea he - tiktok. president is following through on an idea he floated doting presidential j:- is 5727321572; ea. c a campaign, to create a sovereign wealth for the us he an executive order on e= 7 that the monday that charges the treasury and treasury secretary and howard like nick his nominee to commerce with the process. he beginning the process. he suggested the fund could even be to facilitate the sale be used to facilitate the sale of tiktok which is currently be used to facilitate the sale of tiktok in ich is currently be used to facilitate the sale of tiktok in the s currently be used to facilitate the sale of tiktok in the s c due |tly be used to facilitate the sale of tiktok in the s c due to' be used to facilitate the sale of tiktok in the s c due to an operating in the us due to an extension signed by donald trump prolonging the deadline for a forced sale or shutdown. he offered few details he has offered few details and it unclear how such a it was unclear how such a wealth fund would work. he has previously said it could be wealth fund would work. he has previot in ' said it could be wealth fund would work. he has previot in parti it could be wealth fund would work. he has previot in part by could be wealth fund would work. he has previot in part by tariffs. e fu7nds rely on typically such funds rely on the country �*s budget surplus 7 butthe 7 7 7 7 but the us7 7 7 7 deficit, tut the us7operates 7 7 deficit, its the us7operates 7 7 deficit, its cr7eatio7n perates 7 7 deficit, its cr7eatio7n a7lsotes 7 a deficit, its creation also would likely require it 77 77pla77ce7th7e777 7

would place the us alongside several other that several other countries that have a sovereign wealth fund, including china, singapore and �*zealand, norway and saudi new zealand, norway and saudi arabia. . new zealand, norway and saudi arabia. , ., , ., arabia. the chinese fashion . iant arabia. the chinese fashion giant shein _ arabia. the chinese fashion giant shein has _ arabia. the chinese fashion giant shein has re-enteredl arabia. the chinese fashion i giant shein has re-entered the giant sheinhasre=entered the market, it is up to a dealthat allows licensing deal that allows local products to be sold on [rel effid�*fes ee ee sfiid eh platform. [eeee eeee�*eeee ee e7e eeee' eh platform. since [eeee eeee�*eeee e7e e7e eeee' eh platform. since being ,— ~ awe—m; — ,,, —— —— 77777th§7 7 77h}; 77 by 10,000 people in putin says it's time for intervision. sports coming your way next.

and teeny tiny frogs. kendrick lamar�*s diss track towards drake took record and song of the year. sabrina carpenter won best pop solo insurance and protection. labels, we got you, but do you got us?

at a school. officers were called to all saints catholic high school in sheffield, where a second teenager, also 15, has been arrested. former british soldier daniel khalife, who football chief kissing her after their world cup victory. luis rubiales is on charge accused of sexual assault. time now for ten seconds of london zoo's newest residents. you will have to take a hard look millimetres long. more than 30 have been born here. you are all caught up.

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manchester city leave it late but they get the deal done on deadline day. and sam kerr on trial, the chelsea and australia to a police officer. we'll get to some of the day's football results in a moment, and there has been quite a bit of business done on deadline day.