Roughly 20% of global oil and LNG flows through the Strait of Hormuz—making any disruption a potential shock to global energy markets.
All posts tagged world trade
Canada’s retaliatory tariffs set to take effect as Trump stands firm on trade policy
Canada hits back with tariffs as Trump moves forward with 25% tariff on two of its largest trading partners-Canada and Mexico.
US-EU: Trade War Looms as Trump threatens 25% Tariff on Imports from EU
The European Union (EU), America’s third-largest trading partner, retaliates after Trump unveils a 25% tariff on EU imports, a move that could drive inflation and escalate global trade tensions.
Here’s how the American economy will be impacted by Trump’s tariffs on Mexico, Canada and China—in 3 charts
Trump’s second presidency has come with a series of executive actions—most with the focus to make the country more self-reliant, reducing dependence on foreign economies. I delve into the data to uncover how these tariffs might impact the U.S.