Oil Prices Fall Into Negative Territory As Trump Announces New Tariffs

[ad_1] Washington: Oil prices fell to negative territory after rising by a dollar in post-settlement trade on Wednesday as U.S. President Donald Trump announced reciprocal tariffs on trading partners, stoking concerns that a global trade war may dampen demand for crude. Brent futures settled 46 cents higher, or 0.6%, at $74.95 a barrel, while U.S….

Read More

Donald Trump Announces 26% “Discounted Reciprocal Tariff” On India

[ad_1] Donald Trump today announced discounted reciprocal tariffs on countries worldwide. Washington: US President Donald Trump has announced significant reciprocal tariffs on India and China, but said he is being kind on them by charging roughly “half of what they charge us”. Calling these as “discounted reciprocal tariffs”, President Trump said the US will charge…

Read More