Tag: Trump

Markets were somewhat adrift this past holiday-shortened week as there was not much meaningful news to go by.

The United States and Iran continued to trade attacks over the weekend.

Oklahoma Attorney General Gentner Drummond's challenge to the proposed Inola aluminum smelter shifts the debate from what regulators may decide to whether the permitting process should be allowed to reach a conclusion.

A June 1 proclamation expanded the list of equipment products eligible for temporary 15% Section 232 tariff treatment and established an 85% domestic content threshold for products eligible for a 10% rate.

The remarks come head of the joint review of the US-Mexico-Canada Agreement, which replaced NAFTA, on July 1.

Before the second Trump administration, many automakers banked on an electrified future, with federal and state tax breaks incentivizing consumers.

US Commerce Secretary Howard Lutnick said the US should pursue separate, bilateral trade negotiations with Canada and Mexico instead of renewing the US-Mexico-Canada Agreement (USMCA).

In the base metals markets, we had a mixed showing. Tin did best, adding almost 10% on the week on concern about lagging supply.

Century Aluminum CEO Jesse Gary said his company could start up its new smelter in Oklahoma ahead of schedule if the permitting process moved more quickly.

The Iran war enters its third month this week with few promising off-ramps materializing for a possible end to the conflict.