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- Indexed articles, last 90 days
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- Aug 25, 2026
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- Jul 7, 2026
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Canada to double tariff on US steel, aluminum | Latest Market News (opens the original)
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Canada will set 50pc tariffs on imported US steel and aluminum from 8 September as part of a retaliatory package targeting $28bn of imports from its southern neighbor. The move doubles Canadian tariffs on US steel and aluminum from 25pc, matching US taxes of 50pc on imports of those products from Canada. The Canadian government announced the retaliatory package of tariffs on Tuesday, days after the US implemented a 50pc tariff on cement, plywood and other imports from Canada. The new US tariffs
Hormuz reopening hinges on Iran-Omani deal | Latest Market News (opens the original)
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Diplomatic efforts to reopen the strait of Hormuz to navigation are revolving around an Iran-Omani understanding over the management of shipping routes leading to and from the Mideast Gulf. Iran and Oman are close to issuing a joint statement specifying "geographical coordinates" of a safe transit route through Hormuz, "if some third parties do not obstruct work in this regard", Iran's foreign ministry said on Wednesday. An Iran-Omani understanding could provide adequate diplomatic cover for Pre
US levels new tariff threat against EU | Latest Market News (opens the original)
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President Donald Trump's administration is threatening to impose new tariffs on US imports from the EU, just a month after the European parliament approved the economic bloc's trade agreement with the US. "The European Union is at it again and, as usual, taking direct aim at GREAT American Companies," Trump said in a social media post. The US Trade Representative's office (USTR) complained that the European Commission has just imposed a $1bn fine on Google, following other recent anti-trust meas
Iraqi leader invites US oil investment | Latest Market News (opens the original)
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Iraq is hoping to scale up investment by US companies, Iraqi prime minister Ali al-Zaidi told President Donald Trump during a meeting at the White House on Tuesday. Trump said he expected major deals to be announced shortly, without providing details. "We have tremendous oil partnerships all of a sudden being formed over the short period of time," Trump said, attributing the spike of interest in Iraq to his decision to attack Iran. Al-Zaidi, who took office in May, inherited an economic crisis c
US launches new strikes against Iran | Latest Market News (opens the original)
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US forces launched a new wave of attacks on Iran after President Donald Trump said on Wednesday the US-Iran ceasefire was "over". The air strikes, for a second night in a row, are meant to retaliate against Iranian attacks earlier this week on three commercial vessels attempting passage through the strait of Hormuz, the US Central Command (Centcom), which oversees the Middle East-based US forces, said at 5:15pm ET on Wednesday. Centcom carried out strikes on Iranian defense targets late on Tuesd
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