March 12, 11:29 AM • 52505 viewsMarch 12, 02:36 PM • 15967 viewsBrent and WTI oil prices are showing the biggest weekly drop since October due to uncertainty in U. S. trade policy. OPEC+ plans to increase production by 138,000 barrels per day.
The U. S. Secretary of Commerce announced the possible exemption of Canadian and Mexican goods from tariffs under the USMCA. The delay will last for one month and will primarily affect automakers.
The President of Poland stated that the agreement on rare earth minerals between the USA and Ukraine will make it a strategic location for America. The USA will protect its interests in Ukraine, even without sending troops.
The President of Poland stated that a military contingent is not mandatory for monitoring the peace agreement. According to him, monitoring could be carried out by UN forces, which Russia may agree to.
Britain and France are initiating the creation of a "coalition of the willing" to support Ukraine after a possible peace agreement. About 20 countries, mostly European, have already shown interest in the initiative.
Due to the new 25% tariffs imposed by Trump, Canadian stores are halting the sale of alcohol from the U. S. In response, Canada has implemented its own tariffs on American goods worth 155 billion Canadian dollars.
Canadian Defence Minister Bill Blair stated the country's readiness to join the international peacekeeping contingent in Ukraine. The "Coalition of the Willing" is discussing the details of the mission and security guarantees.
Trump and Trudeau had a phone conversation regarding new mutual trade tariffs between the USA and Canada. Trump accused Trudeau of weak border policy and attempts to stay in power.
The Trump administration is considering a one-month delay of new automotive tariffs for Mexico and Canada. Shares of American automakers rose after this news: Stellantis by 8.1%, GM by 6%, Ford by 4.5%.
The leaders of the USA and Canada had a phone conversation after the USA imposed a 25% tariff. Trudeau announced retaliatory measures.
The President of the USA announced the implementation of mirror tariffs on imports from other countries starting April 2. Trump emphasized the unfairness of the current system, where the USA imposes lower tariffs than their trading partners.
Donald Trump promised to immediately raise tariffs in response to Canadian duties. Trudeau had previously announced a 25% tariff on American goods worth $155 billion.
The USA has imposed new tariffs against Canada, to which Ottawa will respond with a 25% tariff on American goods worth $155 billion. Trudeau criticized the USA for waging a trade war against an ally while simultaneously appeasing Russia.
The Vice President of the United States opposed the proposal from Britain and France to send peacekeepers to Ukraine. Instead, he supported the agreement on the distribution of income from natural resources between the United States and Ukraine.
The USA plans to impose a 25% tariff on imports from Mexico and Canada, which has raised concerns in the EU. The European Union is urging the USA to reconsider protectionist measures and work towards a joint solution to preserve global trade.
The USA is introducing new 25% tariffs on imports from Canada and Mexico starting Tuesday. Canada and Mexico are preparing corresponding measures, which could lead to a trade war in North America.
American indices Dow Jones, S&P 500, and Nasdaq fell by 1. 48-2.64% due to Trump's introduction of new tariffs. The U.S. President is imposing a 25% tariff on Canada and Mexico and a 10% tariff on China starting March 4.
Legendary Canadian rock musician Neil Young with the band Chrome Hearts will perform in Ukraine. The free concert will be the first in the European tour Love Earth Tour, with the date and venue to be confirmed.
Shares of Rheinmetall, Saab, and Dassault Aviation rose by 8. 9-15% after the announcement of Ukraine's defense. European leaders plan to create a “coalition of the willing” and allocate €200 billion for defense.
The United States plans to impose an additional 10% tariff on Chinese goods starting March 4 due to the fentanyl problem. China is developing countermeasures that will include tariff and non-tariff restrictions on American goods.
Canada has imposed sanctions on 31 Russians and Russian paramilitary groups supporting aggression in Ukraine. The decision was announced by Justin Trudeau during a summit in London.
The Prime Minister of Canada does not rule out the participation of Canadian peacekeepers in the deployment of a foreign contingent in Ukraine after the conclusion of a peace agreement with Russia. Canada will continue to support Ukraine by all means possible.
Sofia Golichenko and Artem Darensky won silver medals at the World Junior Figure Skating Championships in Hungary. The Ukrainian pair scored 164.06 points, second only to the Georgian duo.
Mark Rutte called on the President of Ukraine to improve relations with Donald Trump after the failed meeting at the White House. The NATO Secretary General reminded of the importance of US support and Trump's contribution to helping Ukraine.
US Secretary of Defense Pete Hegseth announced his readiness for unilateral military action if Mexico does not step up its fight against drug cartels. Mexico is trying to avoid conflict by tightening border controls and extraditing drug traffickers.
Mexico has proposed to impose similar duties on Chinese imports to the US, focusing on cars and auto parts. This could help the country avoid the 25% tariff imposed by the US on Mexican goods.
Leaders of European countries, Canada, and the EU leadership spoke out in support of Ukraine after Zelenskyy's conflict with Trump at the White House. World leaders issued statements in defense of Ukraine's position.
China has promised to take all necessary measures in response to the new 10% tariffs imposed by the US, which will take effect on March 4. Trump explains the tariffs by fighting drug trafficking from China.
An expert: A company with tax problems cannot manage Gulliver shopping center.
Brent and WTI oil prices are declining due to economic uncertainty and new US tariff threats. OPEC+ is considering a change in production volumes amid the cancellation of Chevron's license in Venezuela.
