The United States and Canada have repeatedly come close to a full-scale trade war since President Donald Trump returned to office. Trump has often stepped back from some of his strongest threats against Canada, but that period of relative calm has now ended. Trump’s 50% Canada tariffs could raise costs, push up prices and hurt … Read more
Oil prices slipped slightly on Friday but remained on track for a second straight weekly gain. The drop came as tensions between the United States and Iran increased, raising fears that oil supplies from the Middle East could face more disruptions. Oil prices rise for a second week as US-Iran tensions, sanctions and Strait of … Read more
WASHINGTON/DUBAI, Aug 20 (Reuters) – The U.S. will impose “the toughest sanctions in history” on Iran, Treasury Secretary Scott Bessent said on Thursday, a focus on economic measures he suggested would lessen the need for new major military operations against Tehran. US President Donald Trump warned of economic consequences against any country that provided “any … Read more