Statistics Canada says wholesale trade, excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain, rose 0.3 per cent to $85.7-billion in February.The overall increase in sales came […]
Author: Consultant
Apr 14/25: Oil Prices Inch Higher In Cautious Trade
Oil prices traded higher on Monday, with a weaker dollar and geopolitical tensions offering some support. There was some cheer as Chinese data showed a sharp rebound in crude imports […]
Trump says specific tariff will be placed on semiconductor industry, rate to be announced within week
While speaking with reporters on Air Force One on Sunday night, Trump said the goal behind the specific tariff is to “uncomplicate” trade in the semiconductor sector.“We wanted to uncomplicate […]
Trump team holds ‘constructive’ face-to-face nuclear talks with Iran, will meet again next weekend
The talks took place on the outskirts of Oman’s capital, Muscat, and lasted just over two hours. Omani Foreign Minister Said Badr hosted the meeting. Iranian state TV later confirmed the […]
Trump exempts phones, computers, chips from new tariffs
Smartphones and computers will be exempted from Trump’s reciprocal tariffs. Trump earlier this month imposed 145% tariffs on products from China, a move that was poised to take a toll […]
Calendar: April 14 – April 18
Monday April 14China trade surplus, aggregate yuan financing and new yuan loansJapan industrial production(8:30 a.m. ET) Canadian wholesale trade for February. Estimate is a month-over-month rise of 0.4 per cent […]
China reaches out to other nations as Trump layers on tariffs
China is reaching out to other nations as the U.S. layers on more tariffs in what appears to be an attempt to form a united front to compel Washington to […]
U.S. crude oil tumbles more than 6%, trades below $56 as China imposes retaliatory tariffs
April 9/25 at 8.00 AM ESTU.S. crude oil futures fell more than 6% on Wednesday, as China slapped retaliatory tariffs on the U.S. after President Donald Trump’s sweeping levies took effect.The U.S. benchmark dropped […]
Canada to impose tariffs of 25% on vehicles imported from U.S. starting Wednesday
The federal government said its retaliatory tariffs on U.S. vehicles, which it announced last week with no implementation date, would take effect early Wednesday. The move marks an escalation of […]