Since assuming office in January, U.S. President Trump has begun to impose tariffs against other countries as part of his “America First” trade agenda – some of which come into effect in early March.
Trump’s New Tariffs Will Be Effective From March 4
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Canadian Envoy Says USMCA Discussions Are Progressing Well
Speaking before business leaders in Toronto, Mark Wiseman emphasized that concerns about an imminent disruption to the agreement may be overstated.
U.S. Oil Emergency Reserve Reaches Reagan-Era Levels
According to newly released Department of Energy data, the reserve stood at approximately 340.3 million barrels for the week ending June 12.
April Money Supply Growth Hit A 49-Month High. And Prices Soared.
April’s increase is also a big change from April 2025 when the year-over-year growth rate was a mere 1.8 percent
G7 Leaders Meet Amid Tensions Over Iran And Ukraine
Trump is expected to urge allies to help secure and reopen the strait, with Britain and France already expressing support for post-conflict maritime operations
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How Are China’s Slowdown And The Iran War Hurting BMW
BMW cited higher energy costs linked to the Iran conflict, saying elevated prices are increasing operating expenses and hurting consumer confidence across global markets
Mortgage Rates Ease But Housing Market Remains Weak
Total mortgage application volume fell 3.8% from the previous week. The average rate for a 30-year fixed mortgage remained at 6.60%, while refinancing applications declined 5%
SpaceX Rally Continues As Market Value Surpasses Amazon
The surge pushed SpaceX past Amazon in market capitalization on Tuesday and briefly allowed the company to overtake Microsoft
Trump Warns U.S. Could Resume Strikes If Iran Deal Fails
Speaking at the G7 summit, Trump described the arrangement as a memorandum of understanding rather than a final settlement