Oil falls as Trump urges lower prices, weighs tariffs
Oil fell on Thursday after U.S. President Donald Trump urged Saudi Arabia and OPEC to bring down its cost during his address at the World Economic Forum. Uncertainty over how Trump's proposed tariffs and energy policies would affect global economic growth and energy demand also weighed on prices.
Oil trades lower as Trump urges Opec to slash prices
President Trump said he wants OPEC and Saudi Arabia to bring down the price of oil which he says is fuelling the Russia-Ukraine war.
Trump says ‘the Russia-Ukraine war would end immediately’ if Saudi Arabia and OPEC lowered the price of oil
President Donald Trump doubled down on ending the war in Ukraine during his speech at Davos a day after threatening Russia and Putin with tariffs and sanctions.
Trump tells Davos he will demand lower interest rates, oil prices
By Echo Wang, Marwa Rashad and Trevor Hunnicutt DAVOS, Switzerland (Reuters) -U.S. President Donald Trump demanded OPEC lower oil prices and the world drop interest rates in a speech to global business and political leaders and warned them they will face tariffs if they make their products anywhere but the U.
Oil turns lower as traders assess Trump tariff threats, efforts to lower crude prices
Oil futures turned lower Thursday after President Donald Trump said he would ask Saudi Arabia and OPEC to lower oil prices, implying that he would pressure major oil producers to boost output.
Trump Urges Lower Oil Prices, Interest Rate Cuts at Davos
President Donald Trump said he would ask Saudi Arabia and other OPEC nations to “bring down the cost of oil” and reiterated his threat to use tariffs to bring manufacturing back to the US as he addressed world leaders gathered in Davos on Thursday.
Trade wars sparked by Trump tariffs would be 'catastrophic', WTO chief says
The World Trade Organization chief said on Thursday that any tit-for-tat trade wars prompted by U.S. President Donald Trump's ...
Jamie Dimon on tariffs: ‘Get over it’
Businesses worldwide and mainstream economists are fretting about higher prices as President Donald Trump unveils his ...
The Latest: Trump tells Davos his tariffs would bring ‘trillions’ into US treasury
President Donald Trump is remaking the traditional boundaries of Washington, asserting unprecedented executive power and ...
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Do tariffs raise inflation?
For a start, firms usually pass on tariffs by raising prices. During Mr Trump’s last sortie against Chinese manufacturing in ...
Trump threatens 25% tariffs on Mexico and Canada on Feb. 1, punting Day 1 pledge
President Donald Trump said in an Oval Office signing ceremony Monday evening that his administration will impose 25% tariffs ...
Trump’s tariffs will probably hurt your wallet. How much remains a mystery
While sectors like machinery and electronics could see the most volatile changes, it’s likely that everything could get more ...
Tariffs are coming: Trump says he's looking at 10% tax on Chinese imports
President Donald Trump said from the White House that he's looking at a 10% tariff on imports from China. He pushed Xi ...
Here's why Trump didn't move forward with tariffs on Day 1
WASHINGTON — Amid the whirl of orders Donald Trump issued in the early hours of his presidency, one was conspicuous in its ...
Trump says tariffs for China, Mexico and Canada taking shape for Feb. 1
Trump underscored his intention to use tariffs as a tool of international economic policy and an increasingly vital source of ...
Wine Tariffs: A Complicated Problem With Uncertain Outcomes
Discover the potential impact of new wine tariffs on the U.S. wine industry, from importers to consumers, and why preparation ...
Dimon Says ‘Get Over It’ on Trump Tariffs. Why Markets Should Ignore That and 5 Other Things to Know Today.
President to make virtual Davos appearance, Musk questions financing for $500 billion Stargate AI project, and more news to ...