Tag: Canada
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Trump’s oil tariffs a boost for European and Asian refiners
U.S. President Donald Trump’s trade tariffs on Canadian and Mexican oil imports will offer European and Asian refineries a competitive advantage against their U.S. rivals, analysts and market participants told Reuters. Trump on Saturday ordered 25% tariffs on Canadian and Mexican imports and 10% on goods from China starting on Tuesday to address a national emergency over fentanyl…
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Justin Trudeau resigns as prime minister of Canada after growing calls to step down
Trudeau, who has led Canada for nine years as the leader of the governing Liberal Party, has seen his government thrust into turmoil after his finance minister quit last month. Justin Trudeau stepped down as prime minister of Canada on Monday amidst a crisis in his government and low polling ratings. He has also resigned…