Azhar Sukri

President Trump's patience wears thin as Russia pummels Ukraine with drones and missiles. Plus, the EU gets a deadline extension for its trade talks with Washington. And Canada's new leader takes up the task of fixing the country's relationship with Trump.

President Trump's patience wears thin as Russia pummels Ukraine with drones and missiles. Plus, the EU gets a deadline extension for its trade talks with Washington. And Canada's new leader takes up the task of fixing the country's relationship with Trump.

So Carney's very conscious of that. It's Tuesday, May the 27th. I'm Azhar Sukri for The Wall Street Journal, filling in for Luke Vargas. Here is the AM edition of What's News, the top headlines and business stories moving your world today.

So Carney's very conscious of that. It's Tuesday, May the 27th. I'm Azhar Sukri for The Wall Street Journal, filling in for Luke Vargas. Here is the AM edition of What's News, the top headlines and business stories moving your world today.

President Trump is weighing sanctions against Moscow this week as he grows frustrated by Russian President Vladimir Putin's intensifying attacks on Ukraine, which killed at least 12 people this weekend.

President Trump is weighing sanctions against Moscow this week as he grows frustrated by Russian President Vladimir Putin's intensifying attacks on Ukraine, which killed at least 12 people this weekend.

That's according to people familiar with Trump's thinking, who added that the president is also growing tired with the slow pace of peace negotiations and is considering abandoning them altogether if a final push doesn't work. Here was the president on Sunday.

That's according to people familiar with Trump's thinking, who added that the president is also growing tired with the slow pace of peace negotiations and is considering abandoning them altogether if a final push doesn't work. Here was the president on Sunday.

Just hours after Trump's comments on Sunday, Russia defied his calls for an end to the bombardment by launching another aerial attack on Ukraine, this time its largest ever drone and missile assault.

Just hours after Trump's comments on Sunday, Russia defied his calls for an end to the bombardment by launching another aerial attack on Ukraine, this time its largest ever drone and missile assault.

Ukrainian President Volodymyr Zelenskyy denounced the strikes and called for fresh economic sanctions against Russia, a step Trump had shown himself reluctant to take after his call last week with Putin. President Trump says he will hold off on implementing punitive trade tariffs on European products until July the 9th.

Ukrainian President Volodymyr Zelenskyy denounced the strikes and called for fresh economic sanctions against Russia, a step Trump had shown himself reluctant to take after his call last week with Putin. President Trump says he will hold off on implementing punitive trade tariffs on European products until July the 9th.

This weekend, he walked back a recent threat to impose 50% levies on EU products by June the 1st if the two sides couldn't reach a trade deal. It came after a phone call from the European Commission President Ursula von der Leyen requesting the extension. For its part, the EU said it agreed to fast-track the trade talks Our Brussels reporter, Kim McRaehl, has been tracking the negotiations.

This weekend, he walked back a recent threat to impose 50% levies on EU products by June the 1st if the two sides couldn't reach a trade deal. It came after a phone call from the European Commission President Ursula von der Leyen requesting the extension. For its part, the EU said it agreed to fast-track the trade talks Our Brussels reporter, Kim McRaehl, has been tracking the negotiations.

Kim, give us an idea of just how important U.S.-EU trade is on a global scale.

Kim, give us an idea of just how important U.S.-EU trade is on a global scale.

And the EU does have a pretty significant trade surplus with the US. Is that right?

And the EU does have a pretty significant trade surplus with the US. Is that right?

Aside from that trade imbalance, what are the main sticking points in these negotiations?

Aside from that trade imbalance, what are the main sticking points in these negotiations?