President Donald Trump has dismissed the European Union’s proposal to ban certain U.S. agricultural imports due to pesticide regulations. The EU’s draft policy would prohibit imports of crops treated with pesticides that are banned in Europe, potentially affecting American soybean, corn, and wheat exports. Trump responded by saying, “Let them do it. They’re just hurting themselves if they do that.”
The S&P 500 climbed to a record high on Wednesday, fueled by enthusiasm over Netflix's quarterly results and the technology sector's strong performance.
European Union Environment Commissioner Jessika Roswall announced that the European Commission is weighing a ban on PFAS, also called “forever chemicals," in consumer products.