
Global markets
Global Markets: Chevron secures major win
Exxon challenged Chevron's access to major oil reserve
By Glen Hallick Glacier Farm Media | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Chevron’s US$53 billion takeover of Hess will proceed; the International Chamber of Commerce ruled on Thursday. Exxon Mobil challenged Chevron’s move to gain access to the oil reserves in the […] Read more
Global Markets: Carney imposes tariffs to protect Canadian steel industry
Attempting to stymie imports of cheap foreign steel
By Glen Hallick Glacier Farm Media | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Canadian Prime Minister Mark Carney announced on Wednesday that 50 per cent tariffs will be slapped on imports of cheap foreign steel in order to bolster domestic production. Carney said […] Read more
Global Markets: Carney warns some tariffs might remain
Canada-U.S. trade talks proceeding to Aug. 1 deadline
By Glen Hallick Glacier Farm Media | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. As trade talks between Canada and the United States press on to their extended deadline of Aug. 1, Prime Minister Mark Carney warned a deal would likely include some tariffs. […] Read more
Global Markets: Inflation nudges up in Canada, the U.S.
Increases to 1.9 per cent in Canada, 2.7 per cent in the U.S.
By Glen Hallick Glacier Farm Media | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Economic inflation in Canada increased in June to an annualized rate of 1.9 per cent, Statistics Canada reported on Tuesday. The increase from May’s consumer price index of 1.7 per […] Read more
Global Markets: Trump targets EU, Mexico
Threatens to slap on 30 per cent tariffs
By Glen Hallick Glacier Farm Media | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Mexico and the European Union are the latest tariff targets for United States President Donald Trump. On Saturday, Trump announced he will impose 30 per cent tariffs on the two […] Read more
Global Markets: Trump threatens Canada with tariff hike
Exemptions for U.S. imports covered by CUSMA, as well as energy, fertilizer
By Glen Hallick Glacier Farm Media | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Canada is now facing a 35 per cent tariff on its exports to the United States, effective Aug. 1. President Donald Trump made the announcement on Thursday, with the additional […] Read more
Global Markets: Trump threatens Brazil with sharp surcharge
Claims Bolsonaro victim of witch hunt
By Glen Hallick Glacier Farm Media | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. United States President Donald Trump targeted Brazil in his latest round of tariff threats. On Wednesday, Trump warned Brazilian President Luiz da Silva that he would slap a 50 per […] Read more
Global Markets: Trump slaps on copper tariff
Canada is number two supplier to U.S.
By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. There will now be a 50 per cent tariff on copper imported by the United States. President Donald Trump made the announcement on Tuesday. Canada is the number two supplier of […] Read more
Global Markets: Trump tells 14 countries to cut deals with U.S.
Canada not among the 14
By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. United States President Donald Trump posted letters on Truth Social on Monday, warning 14 countries to make trade deals with the U.S. Trump also extended the deadline for countries for the […] Read more
Global Markets: Severe flooding hits central Texas
Forecasters say more rain coming
By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Flooding in central Texas has killed more than 80 people as of Monday, with 27 at Camp Mystic. Authorities said dozens more people are believed to be missing as search and […] Read more