Oil prices edged lower and while stricter enforcement of sanctions on Iran could put as much as 1 million barrels a day of oil supply at risk, the reduced flows from Iran won’t help lower prices, ...
One reason governments use tariffs is to protect domestic industries. However, tariffs can have downsides, including reducing the purchasing power of consumers.
China retaliated to U.S. President Donald Trump’s opening trade war tariffs by targeting a handful of American companies and industries and slapping levies on some U.S. goods, in a move seemingly ...