Beijing escalated its trade dispute with Ottawa on Tuesday, announcing a preliminary anti-dumping duty on Canadian canola imports. This move marks a significant development in a year-long economic disagreement that originated last August when Canada implemented tariffs on Chinese electric vehicle imports.

Britain's blue-chip index rose on Tuesday as an extended U.S.-China tariff truce bolstered investor sentiment, while markets also focused on the day's key economic data releases. As of 0947 GMT, the blue-chip FTSE 100 gained 0.

President Donald Trump extended a trade truce with China for another 90 days Monday, at least delaying once again a dangerous showdown between the world’s two biggest economies

President Trump's executive order extends a reprieve from the threat of rising tariffs between the world's two largest economies.