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Trucks in China Make Switch From Diesel to Electric

More and more Chinese trucks are being powered by batteries, another sign that oil-based fuels are getting shoved to the sidelines in an increasingly electrified economy.

June 3, 2025

Trump Trade War to Hobble US Growth, OECD Says

U.S. economic growth will slow to 1.6% this year as President Donald Trump’s erratic trade wars disrupt global commerce, drive up costs and leave businesses and consumers frozen by uncertainty.

June 3, 2025

Manufacturing Activity Shrank in May for Third Straight Month

U.S. factory activity contracted in May for a third consecutive month and a gauge of imports fell to a 16-year low as firms pulled back in the face of higher tariffs.

June 3, 2025

Canada Premiers Pitch Carney on Pipelines, Ports and Mines

Canada’s provincial leaders urged Prime Minister Mark Carney to back new oil pipelines, electricity grids, critical mineral mines, ports and railways at a meeting June 2 meant to identify “nation-building” projects to be fast-tracked.

June 2, 2025

Group That Won Trade Ruling Wants Tariffs Halted During Appeal

A group of small businesses that won a ruling that most of President Donald Trump’s global tariffs are illegal want them blocked during the administration’s appeal.

June 2, 2025

Trump Seeks Xi Call as Rare Earth Clash Escalates

After the U.S. and China agreed to lower tariffs from astronomical heights, tensions are now surging over access to chips and rare earths. And Beijing increasingly appears to have an edge.

June 2, 2025

US-China Trade Tensions Flare Again as Talks Stall

The Chinese Ministry of Commerce issued a statement June 2 rebuking the U.S. president’s claim that Beijing breached the consensus reached in Geneva in May.

June 2, 2025

Trump to Roll Back Biden-Era Alaska Oil Drilling Limits

The measure would open new opportunities for oil and gas development in the mammoth National Petroleum Reserve-Alaska, an Indiana-sized parcel in the northwest of the state.

June 2, 2025

Carney Fights Trump Tariffs With Domestic Trade Push

Prime Minister Mark Carney is pushing to offset the economic pain caused by U.S. President Donald Trump’s tariffs by compelling Canadian provinces to liberalize trade with one another.

June 2, 2025

Steel and Aluminum Prices Jump on Trump Tariff Move

Futures tracking the prices U.S. manufacturers pay for aluminum and steel surged after President Donald Trump said he will double tariffs on the metals this week.

June 2, 2025