Economy

"To be honest with you, the United States does much better. We don't need anything that Canada has, we don't need anything that Mexico has, but they need everything that we have, and they have to treat us better."

The value of exports rose 2.6% in April, driven by a 60% increase in crude oil, while imports advanced 2%, led by computers and semiconductors.

Non-farm U.S. payrolls grew by 172,000 last month, while unemployment held steady at 4.3%.

Input costs are growing at the fastest pace in nearly four years; nevertheless, the service sector expanded in May.

Private-sector payrolls rose by 122,000 in May, after advancing 105,000 in April, according to ADP.

The ISM's manufacturing gauge has signaled expansion for five straight months, pointing to vigor in the manufacturing sector amid a surge in AI investment, favorable tax provisions, and diminished trade policy uncertainty.