US Halts Low-Value Import Exemption in New Trade Tariffs
The United States suspended a key trade exemption for low-value imports from China, Canada, and Mexico as part of President Donald Trump’s new tariff orders, targeting a loophole widely criticized for enabling fentanyl trafficking and unfair competition. The suspension affects the “de minimis” rule, which previously allowed duty-free entry for shipments valued under $800. The […]
Panama Backs Out Of China’s Belt And Road After Rubio Meets With Mulino
Panama declared it will not renew its memorandum of understanding with China’s Belt and Road Initiative, with President José Raúl Mulino explaining that although the deal was inherited from a previous administration, his government intends to end the agreement outright. “The 2017 memorandum of understanding on the Silk Road, the Belt and Road Initiative, will […]
US To Delay Mexico Tariffs By A Month
The trade war between Mexico and the United States has evidently been delayed. Mexican President Claudia Sheinbaum today indicated that the 25% tariffs that were set to be implemented on February 4 have been delayed for a month. The delay follows commitments by Mexico to deploy 10,000 national guard troops to the US-Mexico border in […]
SEC Lawyers Now Required To Get Commission Approval Before Launching Probes
The SEC has recently undergone a procedural overhaul that significantly curtails the autonomy of its enforcement division, with its lawyers now required to obtain direct approval from the politically-appointed Commission before launching formal investigations, according to sources familiar with the matter. This change marks a dramatic departure from long-standing SEC practices. Previously, senior enforcement staff […]
Here’s How Canada Is Striking Back At Trump’s Tariffs
US-Canada relations are unraveling at a breakneck speed after President Donald Trump imposed sweeping tariffs on Canadian imports, prompting Prime Minister Justin Trudeau to announce immediate retaliation. Trump signed an executive order imposing a 25% tariff on all Canadian imports, with a lower 10% rate on Canadian energy products, effective February 4. Mexico was also hit with a […]
Logan Energy Raises $43 Million Via Sale Of Royalty, Facility Interest To Topaz
Logan Energy (TSXV: LGN) has monetized certain of its assets in the Alberta Montney region, announcing this morning that it has sold a newly created 2.5% gross overriding royalty to Topaz Energy (TSX: TPZ) as well as a partial interest in a 40 MMcf/d natural gas processing facility. The royalty will apply to Logan’s lands […]
National Bank Closes On Acquisition Of Canadian Western Bank
National Bank of Canada (TSX: NA) has finally completed its acquisition of Canadian Western Bank (TSX: CWB) as of this morning. Commenting on the closing of the transaction, Laurent Ferreira, CEO of National Bank, stated, “Today is an exciting day for National Bank and marks a pivotal step in our history. This transaction will allow […]
Cerrado Gold To Acquire Ascendant Resources In All Stock Transaction
M&A activity is beginning to trickle down to junior names within the mining sector, with Cerrado Gold (TSXV: CERT) this morning announcing that it has entered into a definitive agreement to acquire Ascendant Resources (TSX: ASND). The all share transaction will see Cerrado pay the equivalent of $0.06 per share for Ascendant, which equates to […]
Americans Prefer Canadian Oil Amid Trade Tensions, Survey Shows
Most Americans incorrectly believe Saudi Arabia is their top foreign oil supplier, while expressing a strong preference for Canadian oil imports, according to a new GZERO/Abacus Data survey of 1,500 US eligible voters. The survey, conducted January 23-24, found 53% of Americans think Saudi Arabia provides most of their foreign oil, while only 22% correctly […]
Could Founder Metals Be the Next Great Bear? | Colin Padget
In this interview, Colin Padget, CEO of Founders Metals (TSXV: FDR), discusses the company’s remarkable transformation, including a share price rise from pennies to dollars. Padget outlines their aggressive exploration plans, including a 60,000-meter drill program for 2025 focused on their high-grade gold discoveries in Suriname. The company aims to build a valuable asset attractive […]