The US president said “drill,baby,drill” but his tariffs tanked the commodity’s price and they could reduce,not increase,production.
The ways markets are reacting to Trump’s tariffs paint a very threatening picture of the outlook for the US and the world.
Europe and Britain will have to foot the bill for rebuilding what remains of the besieged nation,while the US scoops up its chief means of economic recovery.
A conference in Houston last week gave us a revealing window into the mental world of Trumpism.
This week,OPEC+ did what Donald Trump has demanded and announced it would start increasing production,pushing oil prices down to three-year lows. Trump may get more than he bargained for.
The West’s sanctions around oil exports and other commodities from the Putin regime are crumbling — in reality,if not in law yet. And the stakes are huge.
Trump’s plans to “drill,baby,drill” at the expense of clean energy is a blessing for China. For at least the next four years,the US is withdrawing from the greatest economic battle of our time.
Donald Trump has sent a clear message to “every business in the world” as he addressed the World Economic Forum in Davos.
In its dying days,the Biden administration has taken aim at Russia with a barrage of fresh sanctions. It will help Donald Trump.
Coffee will be more expensive in 2025,and anyone trading or observing energy and commodity markets into the new year will need caffeine to survive.