Trump’s Canadian Tariff Threat Scrambles Oil Stocks. Why Some See Opportunity.
His tariff talk, which started before the inauguration, has already had an impact on some oil stocks. Canada is the largest foreign source of U.S. crude, accounting for 60% of U.S. imports since 2020,
Trump's Tariff Threat Fuels Ongoing Gold And Silver Market Volatility
The start of Trump’s presidency has ushered in significant uncertainty and volatility, but so far, it has proven favorable for gold and silver by sparking a scramble for physical bullion.
Trump not expected to carry through on Day 1 tariff threats
Trump had said he would put a 25% tariff on all goods coming into the U.S. from Canada and Mexico and a 10% tariff on Chinese goods during his first day in office.
Stock market today: Asian stocks mixed as Trump's tariff threats raise uncertainty
Asian stocks were mixed on Wednesday after U.S. President Donald Trump's latest comments on tariffs raised uncertainty in Chinese markets. Investors in Asia were relieved on Monday after Trump decided not to immediately impose significant tariffs on China.
Trump Tariff Threats Widen Gap Between US, Canada Oil Stocks
President Donald Trump’s repeated threats to slap steep tariffs on Canada and other friendly nations have left Toronto with some of the world’s worst-performing oil and gas stocks.
Canada Readies Billions of Dollars in Retaliatory Moves to Trump Tariff Threat
The government is preparing for the possibility that the incoming U.S. administration will impose high tariffs on Canadian goods, setting the close allies up for a showdown.
Oil prices fall as investors assess Trump call to boost output vs. tariff threat
Oil futures headed lower Tuesday as traders weighed President Donald Trump’s vow to boost already record U.S. crude output against the threat of a steep tariff on Canadian imports and a call to replenish the Strategic Petroleum Reserve.
Dollar drifts higher as traders ponder Trump tariff plans
The dollar drifted slightly higher on Wednesday in indecisive trading as a lack of clarity on President Donald Trump's plans for tariffs kept financial markets guessing. Trump said late on Tuesday that his administration was discussing imposing a 10% tariff on goods imported from China on Feb.
Donald Trump jolts markets with threat of tariffs against Mexico and Canada
Donald Trump sparked a bout of tumult in financial markets hours after his inauguration as he threatened to hit Mexico and Canada with big tariffs. Speaking in the Oval Office late on Monday, Trump said he could enact tariffs of 25 per cent against both countries as soon as February 1,
U.S. Dollar Extends Losses After North America Faded Yesterday's Tariff-Threat Induced Gains
Chinese and Hong Kong equities reacted poorly to the latest tariff threat, but the other large markets have rallied, ...
Trump stirs tariff pot with fresh threats on EU, Feb 1 China deadline
The Trump administration is discussing a 10% punitive duty on Chinese imports. Trump said the EU also has troubling trade ...
Iron Ore and Other Metals Drop After Trump’s China Tariff Threat
Iron ore and most base metals fell after US President Donald Trump said that he could hit China with 10% tariffs on all ...
Trump’s Tariff Threats Push Europe to Gear Up for Trade Fight
U.S. duties could nudge the European Union toward protectionist measures and away from free trade.
US imports from Canada, Mexico in 2024 as tariff threat looms
As U.S. President Donald Trump mulls imposing 25% duties on imports from Canada and Mexico on Feb. 1, focus has shifted to ...
Trump mistakes Spain for a member of the BRICS bloc and repeats the threat of massive tariffs
U.S. president Donald Trump has apparently confused Spain for a member of the BRICS bloc of developing economies, causing ...
Tariff threat should force British Columbians to rethink travel to the U.S., premier says
Premier David Eby says British Columbians should reconsider travelling to the U.S. if Donald Trump makes good on his tariff ...