NO TARIFFS WANTED Says Statement by U.S. Conference of Mayors on U.S. Tariffs on Canada and Mexico
WASHINGTON, March 3, 2025 /PRNewswire/ — With tariffs now on Canadian and Mexican goods and the potential impact on the American economy, the U.S. Conference of Mayors’ (USCM) Executive Committee…
Oil Down on OPEC+ Output Increase, Tariffs Start and US Pause on Ukraine Aid
Summary • OPEC+ to proceed with planned April oil output increase• US tariffs on Mexico, Canada took effect on Tuesday• China announces 10-15% hikes to import levies on US products…
US Natural Gas Prices Jump about 5% to 26-Month High on Record LNG Flows
Front-month gas futures for April delivery on the New York Mercantile Exchange were up 18.5 cents, or 4.5%, to $4.307 per million British thermal units (mmBtu) at 8:50 a.m. EST…
Trade Wars Erupt as Trump Hits Canada, Mexico, China With Steep Tariffs, Canada Immediately Retaliates
U.S. President Donald Trump’s new 25% tariffs on imports from Mexico and Canada took effect on Tuesday, along with a doubling of duties on Chinese goods to 20%, launching new…
Shell Overhauls Executive Team, Integrated Gas and Upstream Director to Leave
(Reuters) – Shell’s Director of Integrated Gas and Upstream, Zoe Yujnovich, will step down at the end of the month after more than a decade with the oil major, it…
South Korea Expressed Interest in Alaska Gas Pipeline Project, Yonhap Says
South Korea, a leading fossil fuel importer, has expressed interest in participating in a $44 billion gas pipeline in Alaska in the form of a joint development between South Korea,…
US Natgas Prices Jump 7% on Record LNG Flows, No German Interest in Nord Stream 2
(Reuters) – U.S. natural gas futures jumped about 7% on Monday on record flows to liquefied natural gas (LNG) export plants and forecasts for higher demand over the next two…
Most U.S. LNG Exports Head to Europe Amidst Cold Weather and Strong Prices
By Most U.S. LNG exports in February went to Europe European prices remain elevated, attracting U.S. exports U.S. begins to benefit from Plaquemines LNG export plant startup HOUSTON, March 3…
Trump to Decide US Tariff Levels on Mexico, Canada as Tuesday Deadline Approaches
(Reuters) – U.S. President Donald Trump is expected to decide on Monday what levels of tariffs he will impose early on Tuesday on Canada and Mexico amid last-minute negotiations over…
What Trump Aims to Achieve With His Tariff Plans
By and Supply Lines is a daily newsletter that tracks global trade. Sign up here. After promising during his election campaign to put import taxes back at the center of…
Iran Closes Strait of Hormuz Again and Says its Negotiating Team With U.S. is Heading to Switzerland
