Market

Oil prices fell after Trump's orders on US production, Canada and Mexico tariffs

Published on: January 21, 2025, 09:00 PM UTC

US stocks rose on Tuesday as investors reacted to President Donald Trump's first policy moves. The Dow Jones Industrial Average led gains, up over 1% on strong earnings from 3M Company. The S&P 500 and Nasdaq Composite also climbed, with Nvidia shares gaining nearly 3%. Investors are bracing for volatility as Trump signs executive orders and takes actions on energy and trade. Markets were relieved Trump didn't impose broad tariffs on his first day, but sentiment shifted after he announced plans for 25% duties on Mexico and Canada.

Published on: January 21, 2025, 08:02 PM UTC

President Trump threatens 25% tariffs on cars made in Mexico and Canada, which could devastate the auto industry in both countries.

Published on: January 21, 2025, 08:01 PM UTC

New SEC crypto task force, pro-crypto regulators, and potential executive orders boost investor enthusiasm for digital assets, including crypto ETFs and memecoin TRUMP. Industry awaits further developments and clarity from the Trump administration.

Published on: January 21, 2025, 08:01 PM UTC

Trump reopens LNG export permits, boosting US capacity by 100 million tonnes per year

Published on: January 21, 2025, 08:01 PM UTC

After his return to the White House, President Trump threatens automakers with tariffs on cars made in Mexico, Canada, and Europe, potentially leading to a 17% loss in annual core profits for automakers.

Published on: January 21, 2025, 08:00 PM UTC

President Donald Trump announces investments worth up to $500 billion for infrastructure tied to artificial intelligence by a new partnership formed by OpenAI, Oracle and SoftBank.

Published on: January 21, 2025, 08:00 PM UTC

Trump's New SEC Task Force Boosts Crypto Enthusiasm as Industry Hopes for Favorable Executive Orders from the President, Including a Bitcoin Reserve and Clearer Regulatory Lines

Published on: January 21, 2025, 08:00 PM UTC

Bolivia is ramping up efforts to exploit its lithium reserves, finalizing new deals with investors to build processing plants despite low prices and opposition. The Andean nation recently opened its first industrial-scale lithium plant and has signed agreements with global companies, aiming to produce significant amounts of lithium carbonate annually. However, critics have raised concerns about transparency and royalties, calling for renegotiation or rejection of the contracts.

Published on: January 21, 2025, 07:02 PM UTC

Oil prices fell on Tuesday as Trump signed executive orders boosting US production and hinted at tariffs on Canada and Mexico, sparking trade war fears.

Published on: January 21, 2025, 07:02 PM UTC