Updated

Canada held its first Investment Summit, pitching more than 160 projects worth roughly $1tn to attract global capital and pivoting toward the EU as it grapples with a bitter tariff dispute with the United States. The push toward Europe has now taken a more formal turn, with European officials and Canada discussing closer economic association. President Trump warned that Canada becoming an EU 'associate member' could be considered a 'hostile act,' threatening heavy tariffs and suggesting the US could cut some trade with Europe in response to the proposed status, sharply escalating the trade dispute.