Japan, Trump and Tariff
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Rising summer temperatures drove Saudi Arabia to become Russia's largest seaborne fuel oil customer in June, allowing the kingdom to export more of its crude oil at higher prices.
As the two biggest economic targets in Donald Trump’s trade war, some analysts thought the European Union and China could move closer together and stake out common ground.
Brazil’s onerous taxes and political turmoil make investors wary, but an international court ruling could change their minds.
Trump has sent letters to leaders of dozens of countries outlining the tariff levels set to begin on Aug. 1. In recent months, Trump has rolled back some of his steepest tariffs, meaning delays could be possible in the case of the Aug. 1 deadline. The Trump administration appears to have stood largely behind the deadline in recent days, however.
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OBAMA'S REBUKE: Former President Barack Obama’s office issued a rebuke of Trump yesterday over his accusation that his predecessor committed “treason” and rigged the 2016 and 2020 presidential elections.
Equinor (NYSE:EQNR) shares waver between modest gains and losses after saying it booked $955M in impairments related to its U.S. offshore wind projects due to regulatory changes affecting the offshore wind industry in the country and increased exposure to tariffs.
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Teamsters boss Sean O'Brien advocates for middle class during Senate hearing, criticizes trade deals and supports English requirements for truck drivers