Trade News
Trump's Wildfire Smoke Tariff Threat Keeps Pressure on the Canadian Dollar
Trump threatens new tariffs over Canadian wildfire smoke as USD/CAD holds at 1.40275. What it means for cross-border trade and the loonie.
U.S. Hits Brazil with 25% Tariff on Select Imports, Escalating Trade Pressure
The U.S. hits Brazil with a 25% tariff on select goods after an unfair trade practices probe. Dollar holds firm at 0.8723 EUR amid rising trade tensions.
Iran Chooses Hormuz Over Sanctions Relief — Oil Markets Take Note
Iran chose Strait of Hormuz leverage over billions in sanctions relief. Here's what that means for oil prices, the dollar, and EUR/USD rates.
Greek Tankers Dominate Russian Oil Shipping Profits Since 2023 Sanctions Push
Eight Greek firms rank in the FT's top 20 Russian shipping earners since June 2023, led by Dynacom, as Hormuz tensions reshape global oil flows.
Trump's 100% Tariff Threat Puts Dollar Dominance Back at Center Stage
Trump renews 100% tariff warning against BRICS nations backing a dollar alternative. What it means for USD, CNY, INR, and BRL.
Trump India Visit, Trade Deal Push Send USD/INR Into Focus
Rubio confirms Trump India visit planned for early next year and trade deal push within months. What it means for USD/INR and dollar flows.
Yuan's Sanctions Lifeline: How China Built a Dollar-Free Trade Network
China's yuan trade network gives Iran and Russia a path around Western sanctions. USD buys 6.7906 CNY as Beijing's managed rate underpins the system.
China's Gold Imports Hit Two-Year High as Bullion Demand Holds Firm
China's May gold imports reached a two-year high despite price pressure, signaling resilient demand from the world's largest bullion buyer.
India Holds Out on US Trade Deal Until Tariff Terms Improve
India won't sign a US trade deal without competitive tariff terms, per ANI. Here's what the standoff means for the rupee and US importers.
Canada Hits Canned Vegetable Imports With 10% Tariff to Shield Domestic Industry
Canada's Department of Finance announced a 10% import tax on canned vegetables Friday to protect domestic growers and food processors.
UK Seizes Sanctioned Tanker in Channel — and the Ruble Feels It
Britain's first Channel boarding of a sanctioned Russian tanker signals harder sanctions enforcement. Here's what it means for oil-linked currencies.
U.S. Sanctions Target China- and Hong Kong-Based Networks Supplying Iran
Treasury targets China- and Hong Kong-based networks in Iran weapons sanctions push, with ripple effects across regional currencies and crypto compliance.
