Tag: United States
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Prediction market traders doubtful Bessent’s bond interventions will push yields lower
Speculators still see yields hitting new highs in 2026 and ending the year at levels elevated from where they’re currently trading.
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Trump threatens tariffs on all cars and trucks to 50% amid Canada trade spat
The two countries failed to reach a trade deal late on Friday, with each side blaming the other as Canada readied tariffs on some US goods in retaliation for levies ordered by the US president on other Canadian products.
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Trump says U.S. will hike Canada auto tariffs to 50% as trade war escalates
President Donald Trump said the U.S. will raise tariffs on imports of cars, trucks and auto parts from Canada to 50% on Jan. 1, 2027
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South Korea says US cancels joint marine drill over Iran war
The cancellation follows US President Donald Trump’s order last week to scale down the separate annual Ulchi Freedom Shield exercises.
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Oil falls as Trump pledges economic war on Iran
Both main crude contracts were down 2.3 per cent, with the Brent benchmark sitting at US$92 a barrel.
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Trump administration predicts US trade war ‘devastating’ for Canada
WASHINGTON: The Trump administration on Sunday (Aug 23) warned that Canada would be “foolish” to think it could win a trade war with the United States, predicting a “devastating” impact on its northern neighbour.Negotiations between Washington and Ottawa broke down late on Friday, putting into force new 50 pe
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CNBC Daily Open: U.S. takes aim at friends and foes alike
Washington flexes its economic power against Canada and Iran, while the bond market pressures Trump administration.
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Oil prices fall as investors await ‘toughest’ U.S. sanctions on Iran
Oil prices fell Monday as investors awaited details of what Washington has billed as its toughest-ever sanctions campaign against Iran.
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Syria, Israel hold US-mediated talks to ease tensions: Report
The talks focused on practical mechanisms to halt Israeli strikes, arrests and targeted operations, and on reviving negotiations towards a security agreement that could lay the groundwork for a broader future accord.
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Treasury Secretary to announce Iran sanctions as Tehran dismisses economic warfare threat
Bessent told CNBC that the sanctions will be the “toughest” in history.
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