Trump said pricing will be far below what the U.S. currently pays Canada.

German government spokesman said he expects the European Commission to propose legislation to impose a windfall tax.

The ECB on Monday launched an interbank tokenized payment system, Pontes, allowing banks to settle transactions recorded on private distributed ledgers using central bank money, the Financial Times reports. Tokenization creates digital versions of assets and money that can be exchanged on blockchain-like systems; Pontes is operated by the ECB. The ECB intends central bank money to be an alternative to privately issued stablecoins for settling tokenized transactions, and a retail digital euro for consumer and merchant payments is also under development. ECB economists warned that widespread use of USD-denominated stablecoins for settlement in Europe could erode the euro area's monetary policy control.