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09.09.26 - 14:42
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Brent Hits $100, US Slaps Bans, New Tariffs on Canada, Trump to Speak at RNC (Bloomberg)
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Brent crude reaches $100 a barrel for the first time since July as the US and Iran keep up attacks on each other. Trade tensions escalate as the Trump administration blocks imports of some Canadian products and imposes fresh levies. Treasury Secretary Scott Bessent dares the market to bet against the Japanese yen. President Trump gears up to speak at the Republican National Convention in Dallas, Texas. Isabelle Scemama, BNP Paribas Global Head of AM Alternatives, and Blair Jacobson, Ares Management Co-President, joins Bloomberg's Guy Johnson on "Bloomberg Brief" from the IPEM Global conference in Paris, France. (Source: Bloomberg)...
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09.09.26 - 14:03
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Verbände: US-Zollstreit mit Kanada Chance für Deutschland (DPA-AFX)
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BERLIN (dpa-AFX) - Der Zollstreit zwischen den USA und Kanada birgt nach Einschätzung von Wirtschaftsverbänden Chancen für Deutschland und Europa. "Wenn der Zugang zum US-Markt für kanadische Unternehmen schwieriger wird, dürfte ihr Interesse an alternativen ......
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09.09.26 - 12:24
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Trump verschärft Handelskonflikt mit Kanada (DW)
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Zölle, Gegenzölle, Einfuhrsperren: Das sind die Eskalationsstufen im Streit zwischen den USA und Kanada. Hintergrund sind die gescheiterten Verhandlungen über ein Handelsabkommen im August....
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09.09.26 - 12:15
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Trump′s escalation of fight with Canada puts GOP Senate candidates in a vice (The Hill)
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President Trump's escalation of the trade war with Canada is coming at a bad time for Senate Republican candidates, who are being put in the awkward place of having to defend the administration's economic record while having to push back against Trump's targeting of critical Canadian imports and companies. Trump got pushback from a loyal......
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09.09.26 - 11:27
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China′s Oil Scramble Sends African, Canadian, Latin American Crude Prices Soaring (ZeroHedge)
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China's Oil Scramble Sends African, Canadian, Latin American Crude Prices Soaring
China, the world's largest oil importer, is bidding up crude prices across Africa, Canada, and Latin American markets as disruptions in the Hormuz chokepoint and limited Iranian supplies intensify competition for alternatives. The scramble is squeezing smaller Chinese refineries that once relied on heavily discounted Iranian barrels, according to a new Bloomberg report.
The renewed Chinese buying marks a major shift from a period when subdued Chinese buying helped restrain crude oil prices. With Iranian exports almost entirely shut off by the US blockade and fighting flaring again, as seen Monday when Saudi Aramco's Jizan oil facilities were reportedly hit, the race to find replacement supplies around the world is becoming an increasingly expensive task for the Chinese.
Traders spoke with Bloomberg. Here's what they had to say:
The turnaround is producing spikes in the price of various grades. Congo's ...
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09.09.26 - 07:30
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US bans Canadian dairy, alcohol and motorcycles as trade war with longtime ally escalates (The Guardian)
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The measure comes as Canada imposes $20bn in retaliatory tariffs and Canadian prime minister Mark Carney vows to reduce his country's economic dependence on the USThe US is banning dairy products, most alcoholic beverages and motorcycles from Canada, the White House said Tuesday, as the trade war between the two neighbors and longtime allies escalates.The ban will take effect in three weeks and comes after Canada imposed retaliatory tariffs on $20bn in US imports earlier Tuesday. Continue reading......
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09.09.26 - 06:54
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USA kündigen Einfuhrverbot für einige kanadische Waren an (DPA-AFX)
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WASHINGTON (dpa-AFX) - Im Zollstreit zwischen den USA und Kanada hat die Regierung in Washington Einfuhrverbote für bestimmte Produkte aus dem Nachbarland angekündigt. Einige Molkereiprodukte, alkoholische Getränke und Motorräder sollen ab dem 29. September ......
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