U.S. Secretly Protected Oil Shipments, Trump Says
According to Trump, the effort enabled more than 100 million barrels of oil to reach global markets while helping to prevent sharp increases in fuel prices.
Trade
Why Did The U.S. Trade Deficit Narrow In April?
According to Commerce Department data, the trade gap fell 1.2% to $55.9 billion, slightly better than economists’ expectations.
Geoeconomic Risk Just Hit Its Highest Level In 25 Years
TIPP's new Geoeconomic Risk Index debuts at 92 out of 100, surpassing the peak it set when Russia invaded Ukraine, and driven this time by one force above all: trade policy.
Introducing The TIPP Geoeconomic Risk Index
A monthly gauge of the geopolitical, trade, and supply-chain pressures bearing on the world economy, built on Federal Reserve data and 25 years of TIPP polling, and validated against every major crisis since 2001.
Metals Tariffs Reset Hits, Full Customs Value Now Bites
Washington's revamped Section 232 regime on steel, aluminum and copper takes effect, reshaping the import math for manufacturers.
$85 Billion In Tariff Refunds Hangs On A Court Date
After the Supreme Court voided the emergency tariffs, importers are still waiting to be paid back, and Tuesday may clarify when.
Wall Street Slides As Strong Jobs Data Fuels Rate Hike Concerns
Investors interpreted the data as a sign of continued economic strength that could reduce pressure on the Federal Reserve to ease monetary policy.
Trump Administration Targets Imports With Fresh Section 301 Tariffs
The proposal, issued under Section 301 of the Trade Act of 1974, would impose a 10% tariff on economies with full or partial restrictions on forced labor imports and a 12.5% rate on those without such measures
Canada, Mexico Seek Long-Term Commitment To Free Trade Agreement
The request comes as President Donald Trump has increasingly questioned the value of the agreement despite signing it during his first term.
Trump Administration Proposes 25% Tariff On Brazilian Imports
The proposed tariff would apply to many Brazilian goods entering the United States, though key products such as beef, coffee, and aircraft parts would be exempt.
Beijing Moves To Strengthen Ties With Washington And Ottawa
China’s foreign ministry said Wang will chair a United Nations Security Council meeting in New York on May 26 before traveling to Canada from May 28 to 30 for talks with Canadian Foreign Minister Anita Anand
Britain Becomes First G7 Nation To Secure GCC Trade Pact
According to the U.K.’s Department for Business and Trade, the agreement could add an estimated £3.7 billion annually to the British economy and increase wages by £1.9 billion over time
China And Russia Deepen Strategic Partnership In Beijing Summit
Xi described China-Russia cooperation as a stabilizing force amid growing global instability and rising “unilateral hegemonic tendencies.”
Why China Is Buying 200 Boeing Jets After Trump’s Meeting With Xi
Boeing order would mark the company’s biggest breakthrough in China in nearly a decade after years of trade friction and limited access to the Chinese aviation market
China And Russia Expand Trade Ties At Harbin Expo
Trade between the two countries has surged since Western sanctions were imposed on Russia after the Ukraine war.
What Dominated High-stakes Trump-Xi Talks
A White House official said both leaders agreed the Strait of Hormuz should remain open to protect global energy flows.