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Sunday, June 2, 2019

Oil prices extend drop as trade wars stoke global economic fears

Oil prices fell more than 1% on Monday to extend losses of over 3% from Friday, when crude markets racked up their biggest monthly losses in six months amid stalling demand as trade wars fanned fears of a slowdown in the global economy.


from Reuters: Business News https://reut.rs/2HPjepk

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Trump says he will hike tariffs on EU cars to 25%

The current level of tariffs charged on goods entering the US from the EU is 15%, under a deal negotiated last July. from BBC News https://...