White House says certain metal-intensive industrial and electrical grid equipment will be subject to 15% tariff under Trump's revised section 232 metal tariffs
The announcement of a 15% tariff on metal-intensive industrial and electrical grid equipment under Trump's revised Section 232 tariffs signifies a potential escalation in trade tensions, particularly affecting the metals market.
Spokesman for the Seal of the Prophets Headquarters says we targeted the American steel industries in Abu Dhabi and the American aluminum industries in Bahrain
Bahrain's Foreign Minister says we demand that Iran stop supporting and arming the militias affiliated with it and refrain from any practices that threaten freedom of navigation in the Strait of Hormuz and the Bab al-Mandab Strait, Al Jazeera reports
White House says certain metal-intensive industrial and electrical grid equipment will be subject to 15% tariff under Trump's revised section 232 metal tariffs
US President Trump advisors considered the idea of moving US AG Bondi to another senior role in the admin, including the director of national intelligence; Trump said he wants Tulsi Gabbard to stay in that position, CBS reports
Fed's Williams says monetary policy is well positioned to manage risks; higher energy prices hit both sides of Fed's mandates; so far the war is showing up in gasoline prices but not data yet
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This move could lead to increased production costs and inflationary pressures in related sectors, influencing market sentiment across equities and commodities while also affecting currency flows, especially in the USD and JPY.
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