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The United States will eliminate tariffs on Canadian aluminum imports

Tensions between the United States and Canada over import duties on Canadian aluminum are likely to ease. The Donald Trump administration has announced that...

The Hong Kong Stock Exchange is looking to list Chinese companies...

The influx of Chinese companies on the Hong Kong Stock Exchange could also be fueled by growing tensions between China and the United States in trade as well as political relations. In addition, the Hong Kong Stock Exchange reported an increase in its profit in the first half of this year, which may make this important stock market even more attractive.

Trump’s tax package comes too late and won’t help the US...

Too little, too late. That is how most economic experts evaluate measures approved by American president Donald Trump, Reuters reported. These measures should lower...

American data were published and oil price dropped

Texas WTI oil lost 5% of its value right after Trump expressed his idea of postponing November presidential elections. And Brent oil dropped in...

Goldman Sachs raises target price for gold

Since the beginning of the week, the record-high gold price per ounce has been surpassed. The previous value of $1,923 from September 2011 was...

Record-high unemployment in the U.S. could complicate Trump’s re-election

Impacts of coronavirus crisis on American labor markets are extensive. Almost 48 million Americans lost their jobs in two months despite the fact that...

Trump administration helps wind and solar energy projects

The government has agreed to prolong terms to wind and solar energy companies delivering renewable energy to qualify for federal tax credits. Trump “turned...

White House considers more economic stimulus aid

During last weekend, officials in Donald Trump’s administration, including Treasury Secretary Steven Mnuchin and White House economic advisor Larry Kudlow, discussed with lawmakers how...

Rationing? American retailer Costco temporarily limited meat purchases per person

American retailer Costco limited meat purchases to 3 items per person Meat processing plants capacities significantly dropped due to coronavirus and there’s a shortage of...

Trump to block uranium import from China and Russia

American president Donald Trump supported the idea of blocking uranium import from China and Russia to support U.S. nuclear industry Trump administration officials granted the...

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