Oil Drops Sharply Despite Fresh U.S. Pressure On Iran
The market reaction came as Washington intensified economic pressure on Iran through its new “economic D-Day” sanctions campaign.
Trade
What Trump’s New Iran Sanctions Strategy Means For China And Tehran
Treasury Secretary Scott Bessent announced sanctions against more than 60 Iran-linked targets while expanding the potential reach of secondary sanctions.
Trump Administration Threatens Sanctions On Countries Trading With Iran
Iranian officials have warned that countries participating in the U.S. economic campaign could be considered parties to an “act of war” and threatened to halt oil exports through the Persian Gulf.
Trump Raises Threat Of 50% Tariffs On Canadian Autos
He accused Canada of taking advantage of the United States and said its tariff policies have harmed American farmers.
What Is Trump’s New Financial Offensive Against Iran
Treasury Secretary Scott Bessent said the new campaign would target Iran’s economic lifelines and countries or entities helping Tehran move petroleum and finances.
US-Canada Trade Fight Deepens As Tariffs Hit Key Consumer Goods
Businesses now face the choice of absorbing higher costs, finding alternative suppliers or limiting imports
Trump Announces 90-Day Tariff Relief Plan For Ground Beef Imports
Trump blamed declining domestic cattle supplies and said increased imports would give ranchers time to rebuild the U.S. beef herd.
Hundreds Of Millions Of Barrels Move Through Contested Hormuz
Navy Captain Tim Hawkins said American forces have helped roughly 1,300 commercial vessels navigate the strategic waterway during that period
Trump Warns Iran’s Backers Of ‘Tremendous’ Economic Consequences
Trump said the United States would target oil smuggling, currency transfers, cash networks, ship registries and front companies
Walmart Reports Strong Quarter After Massive Tariff Refund
The company reported $6.4 billion in net income and raised its full-year guidance
How Is The U.S. Keeping Oil Flowing Through The Strait Of Hormuz
Officials said roughly 10 million barrels of oil are now leaving the strait daily
Why Did Trump Pause 50% Tariffs On Canadian Goods
Trump announced Tuesday that the tariffs, initially scheduled to begin Wednesday, would instead be delayed until August 21
Trump Warns Oman Over Strait Of Hormuz Talks
Trump told Fox News that informal contacts with Iran’s Revolutionary Guard were underway but said Washington was not rushing toward a deal.
Americans Could Pay More For Strawberries As US Probes Mexican Imports
The Commerce Department is examining a trade complaint filed by Strawberry Growers for Fair Trade, a coalition of Florida producers
Hormuz Traffic Falls 90% Ahead Of US-Iran Ceasefire Deadline
Only five cargo vessels crossed the strategic waterway Saturday, according to Kpler data cited by Reuters