A worker operates a forklift in front of steel coils at the manufacturing plant of Ideal Roofing in Ottawa on Tuesday, Aug. 25, 2026. (Justin Tang/The Canadian Press via AP)
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Lumber products are seen at Ideal Roofing in Ottawa on Tuesday, Aug. 25, 2026. (Justin Tang/The Canadian Press via AP)
Steel coils, which will be made into roofing, siding and HVAC products, are seen in the manufacturing plant at Ideal Roofing in Ottawa, on Tuesday, Aug. 25, 2026. (Justin Tang/The Canadian Press via AP)
AP
Canada Minister of Industry Melanie Joly speaks as Minister of Finance and National Revenue Francois-Philippe Champagne looks on at a news conference on Canada's response to U.S. tariffs, at a roofing company in Ottawa, on Tuesday, Aug. 25, 2026. (Justin Tang/The Canadian Press via AP)
AP
Canada Minister of Finance and National Revenue Francois-Philippe Champagne looks at Canadian lumber used for packaging products, as he speaks with Ideal Roofing co-CEO Philippe Laplante during a tour of the manufacturing plant in Ottawa, on Tuesday, Aug. 25, 2026. (Justin Tang/The Canadian Press via AP)
AP
Minister of Finance and National Revenue Francois-Philippe Champagne speaks at a news conference on Canada's response to U.S. tariffs, at a roofing company in Ottawa, on Tuesday, Aug. 25, 2026. (Justin Tang/The Canadian Press via AP)
AP
Minister of Finance and National Revenue Francois-Philippe Champagne speaks at a news conference on Canada's response to U.S. tariffs, at a roofing company in Ottawa, on Tuesday, Aug. 25, 2026. (Justin Tang/The Canadian Press via AP)
Global stock markets have rebounded after President Trump avoided reigniting a trade war with China amid tension over Hong Kong and the coronavirus pandemic.
U.S. and Chinese negotiators are scheduled to begin a 13th round of talks.
American consumers boosted their spending by just 0.1% in August, the smallest gain in six months, even as their incomes rose at a solid pace.