Trump Trade War

Oil Prices Plunge 7% Amid Trade War Fears And OPEC+ Production Boost

Oil prices plunged sharply on Thursday, with US crude futures falling 7% to $66.52 a barrel, marking their worst day since July 2022 amid growing concerns that President Donald Trump’s escalating trade war could slow down the global economy and trigger a potential recession, CNN reported. According to the report,...

Trump’s Trade War Could Harm American EV Industry, Tesla Tells US Government

Tesla has warned the US government that President Donald Trump’s ongoing trade war could lead to retaliatory tariffs that may negatively impact the American electric vehicle (EV) industry, including Tesla, foreign media reported. In an unsigned letter addressed to Jamieson Greer, the US Trade Representative, Tesla stated its support for...