Tariffs

We believe the trade actions with the most significant potential economic and market impact have yet to unfold From PIMCO UK Consistent with our expectations back in January, the Trump administration has made trade policy a major focus in this midterm election year. It’s an issue that not only resonates with President Trump’s political base and has animated the president for

From  Bloomberg India’s JSW plans investment of up to $500 million in Texas Planned expansion to target U.S. oil and gas industry, Latam India’s top steelmaker plans to triple output at its Texas plant as the U.S. and China trade punches in what may become an extended trade war, sparked by President Donald Trump’s tariffs on imports of the metal. The

From The Wall Street Journal As recently as 2009, nearly half the U.S. trade deficit was driven by one product: petroleum. If ever a national strategy could be devised to tackle the trade gap by targeting an individual product or individual set of countries, American dependence on foreign oil was on its face the place to look. The U.S. did,

From CNN/Money An oil industry CEO is warning President Trump that steel tariffs could threaten America’s energy boom. Trump’s proposed tariffs will jack up costs on the foreign steel that oil companies rely on for everything from drilling and production to pipelines and refineries. “This is going to make us less competitive against OPEC,” Dan Eberhart, CEO of oilfield services company

Canada and Mexico exempt for now; for rest of world tariffs go into effect in 15 days From The Hill President Trump on Thursday officially announced steep tariffs on imported steel and aluminum, defying his own party and delivering on a campaign promise to fight what he sees as unfair practices by U.S. trading partners. Trump ended a week of uncertainty by