The international benchmark fell to its lowest point since 2021 after a decision by Saudi Arabia and other producers to pump more crude surprised the markets.
Category: Canada
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Gaming Out Trump’s Next Tariff Moves
In his address to Congress, the president made clear that his new trade levies were here to stay, acknowledging it might create “a little disturbance.” Analysts forecast what that might look like.
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Tariffs Add a New Shock to Food Supply Chains
Companies made their supply chains stronger and more flexible because of the Covid pandemic. But they weren’t banking on tariffs.
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Trump’s Latest Tariffs on Canada, Mexico and China Could Be His Biggest Gamble
President Trump has offered a mix of reasons for upending global trade relations, baffling and angering America’s biggest trading partners.
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How Retaliatory Tariffs by China, Canada and Mexico Could Harm American Farmers
Trade wars during President Trump’s first term slashed billions of dollars in U.S. agricultural exports. Farmers and trade groups expect an even bigger hit this time.
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Canada and China Retaliate Against Trump’s Tariffs, Amid Fears of Trade War
Prime Minister Justin Trudeau of Canada warned that the Trump administration’s tariffs were leading to a trade war. Mexico’s leader vowed to impose countermeasures on Sunday.
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Trump’s New Tariffs Could Strain Collection of Customs Fees
Importers will have to make changes to pay new tariffs on goods from Canada, Mexico and China, and government agencies will need more resources to enforce the fees.
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Europe Warily Watches U.S.-China Trade War
Some European executives see rising trade tensions as a potential opportunity, but they are watching warily for more moves in Washington.
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Trump’s Tariffs Hit Stock Markets
Global leaders are retaliating and investors have sold off stocks in Asia and Europe.
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Trump’s Tariffs on Canada, Mexico and China Snap Into Effect
President Trump imposed hefty tariffs on the United States’ largest trading partners on Tuesday, roiling global relations and sending shock waves through industries that depend on trade.
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Warren Buffett Rebukes Trump’s Tariffs Plan in CBS Interview: ‘Act of War’
The rebuke of President Trump’s tariff plans came just days before sweeping tariffs on Canada and Mexico were expected to go into effect.
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What’s Behind Trump’s Love-Hate Relationship With Canada
Canada is one of the United States’ largest trading partners, but President Trump wants to either take it or leave it.