Hefty Surcharges for China-Built Ships Threaten To Upend US Maritime Ops
The US Trade Representative’s office is reportedly expected to announce a new rule that would impose fees of up to $1.5 million per port call for ships built in China, and between $500,000 and $1 million for carriers that merely own or have on order a single China-made vessel. “Ocean carriers have announced that to […]
Trump’s Counter-Counter Tariffs Trigger Worldwide Fallout
President Donald Trump has pressed ahead with a hardline tariff agenda, imposing new levies—dubbed “reciprocal” and “Liberation Day” tariffs by his administration. Several governments labeled “worst offenders” by Trump have pledged to lower or eliminate their own trade barriers in hopes of striking a quick deal. Israeli Prime Minister Benjamin Netanyahu pledged to slash Israel’s […]
Europe Strikes Back With Proposed 25% Tariffs On US Goods
The European Commission has unveiled a proposal to impose 25% counter-tariffs on a variety of US products in response to President Donald Trump’s decision to apply steep duties on steel and aluminum imports. Documents seen by Reuters reveal that the levies, affecting items such as diamonds, eggs, dental floss, sausages, and poultry, could take effect […]
Trump Tariffs Aftermath: Bailouts May Be Coming But No Pauses
The Trump administration is weighing the possibility of providing a lifeline to American exporters through a new tax credit. While details remain tentative, the idea is to offer an end-of-year rebate to companies hit hardest by retaliatory tariffs, a measure that would require congressional approval. The debate erupted on social media after a series of […]
K92 Mining Reports Q1 Production Of 47,817 Gold Equivalent Ounces
K92 Mining (TSX: KNT) has released production results for the first quarter of 2025. Production is said to have hit 47,817 gold equivalent ounces, the second highest quarterly production figure on record, and a 71% year over year increase. Production for the quarter was comprised of 45,735 ounces of gold, 1.1 million pounds of copper […]
Aya Gold Hits 1,123 g/t Silver Over 1.7 Metres At Boumadine
Aya Gold & Silver (TSX: AYA) this morning released assay results from ongoing exploration at its Boumadine property. The results come from a drill program conducted over late 2024 and early 2025, with the program said to have successfully extended the known mineralization at the Tizi zone by 200 metres to a total strike of […]
Kits Eyecare Reports Preliminary Q1 Revenues Of $46.6 Million
Kits Eyecare (TSX: KITS) has released preliminary data on its first quarter results this morning, indicating that it continues to see substantial growth on a year over year basis. Revenue in the first quarter is said to have grown to $46.6 million, a 34% improvement over the $34.8 million in revenue reported in the first […]
Most Germans Support Nuclear Energy Return, Poll Shows
A narrow majority of Germans favor reviving nuclear power, according to new survey data that could influence energy policy discussions amid ongoing coalition negotiations. The poll, conducted by market research institute Innofact for comparison portal Verivox, shows 55% of Germans support a return to nuclear energy generation, while 36% oppose it and 9% remain undecided. […]
Bill Ackman Sounds Alarm Bells On Trump’s Tariff: “An Economic Nuclear Winter”
Bill Ackman is once again at the center of a heated market debate after he urged President Donald Trump to halt a sweeping set of reciprocal tariffs before their planned implementation date, warning that moving forward without negotiation could spark an “economic nuclear winter.” Ackman, a longtime Trump supporter, has framed the president’s tariff strategy […]
Elon Musk, Trump’s DOGE Head, Wants A “Zero-Tariff” Environment
Elon Musk, a onetime star in the Trump administration’s Department of Government Efficiency, has talked about his vision for a “zero-tariff” agreement, a stance that goes against the White House’s recent movements. “Look who just declared war on tariffs,” an observer noted, pointing to Musk’s latest remarks calling for a “free trade zone” between the […]