Porsche has signed a five-year, €1.25 billion (~$1.46 billion) agreement with Tata Consultancy Services (TCS) to deploy artificial intelligence across the company. TCS, India’s largest IT services firm, will set up a dedicated center to oversee Porsche’s AI applications. As part of the deal, Porsche will transfer its IT consulting business to TCS for about €320 million.

U.S. Treasury Secretary BESSENT said he would not set a specific timetable to sever ties with Iran and warned the U.S. does not have unlimited patience.

Trump said the United States "desperately needs" Canadian aluminum, adding the U.S. lacks sufficient domestic supply and that "most of our aluminum comes from Canada." He proposed building an aluminum plant in Inola, Oklahoma on social media, warning "if not approved, the plant will be moved elsewhere." The remarks come as a U.S.-Canada trade dispute intensifies over Trump's 50% metals tariffs. More than half of U.S. annual aluminum consumption is sourced from Canada; talks last week reportedly nearly reached a deal to halve the tariffs but faced opposition from U.S. steel and aluminum producers urging the administration not to make concessions to Canada.