The North American Leaders' Summit has pledged to deepen economic cooperation, promote investment, and reinforce competitiveness, innovation, and resilience.
The highlight of the summit declaration was an agreement among the United States, Mexico and Canada to cooperate on bolstering the supply of semiconductors, a market dominated by Asia, especially China.
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Political News
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.