Trade War News Updates

Soybean oil futures fell to the lowest in more than three months as Argentina moved to temporarily scrap export tariffs on the country’s crop cargoes, adding pressure to U.S. soy prices.

The central bank’s focus has shifted quickly from inflation to jobs, as hiring has grounded nearly to a halt in recent months and unemployment has ticked higher.

As President Donald Trump heads to the U.K. for a state visit, Prime Minister Keir Starmer has punted negotiations on removing U.S. steel tariffs, according to a source. 

Mark Carney’s task is to convince Canadians and opposition lawmakers that his planned spending will eventually boost the resilience and productive capacity of the economy.

Overall sales abroad rose 4.4% in August from a year earlier to $322 billion, according to a statement from the General Administration of Customs on Sept. 8.

“If we don’t win that case, our country is going to suffer so greatly,” Trump told reporters in the Oval Office. “These deals are all done; I guess we’d have to unwind them.”

“Please give my warmest regards to Vladimir Putin, and Kim Jong Un, as you conspire against The United States of America,” Trump said on his Truth Social site.

Trump told reporters that the U.S. would appeal to the high court for relief as soon as Sept. 3 because “it would be a devastation for our country” if the appeals court ruling was left in place.

“President Trump has not put tariffs on China because those negotiations are ongoing. And the war in Ukraine is certainly part of that discussion,” U.S. Ambassador Matthew Whitaker said.

Trump said in a social media post Sept. 1 that India offered to reduce its tariffs on U.S. goods to zero, without saying when the concession was made.