Caroline Hepker

Now, the Republican-led U.S.

House of Representatives has passed legislation aimed at ending President Trump's tariffs on Canada.

The move signals growing anxiety over the White House's economic agenda ahead of midterm election campaigns that are expected to focus on affordability issues.

President Trump can still veto the bill, meaning that the vote was largely symbolic and a way to get lawmakers on the record regarding their support for tariffs on Canadian goods.

Here is our senior U.S.

government editor Derek Warbank.

Derek Warbank was speaking as sources have told Bloomberg that President Trump is privately considering quitting the US-Mexico-Canada trade pact that he signed during his first term.

That's news when you want it with Bloomberg News Now.

I'm Caroline Hepker.

And I'm Caroline Hepker.

A UK government-owned investment firm has suspended its relationship with global ports operator DP World over the CEO's alleged links to Jeffrey Epstein.

The move follows a decision by Canada's second largest pension fund to pause future investment plans with the company.

With more, here's Bloomberg's James Walcock.

Now to deals news.

Nuveen is buying Schroders for a total value of £9.9 billion.

It means the end of more than two centuries of independence for Schroders, the UK's largest standalone asset manager.

The money manager has struggled in recent years, facing criticism for its relatively high cost base and slower organic growth.

According to a statement, the cash offer represents a 29% over Wednesday's closing price.

The transaction is expected to close in the fourth quarter of this year pending regulatory approvals.

And now, in terms of the UK Prime Minister, Keir Starmer has labelled comments on immigration made by Manchester United's co-owner Jim Ratcliffe as offensive and wrong.