Markets
GM warns against potential vehicle tariffs

Canada tariffs on $12.6B of US goods take effect

European Union threatens $294B in retaliatory tariffs if Trump imposes foreign auto levies
The European Commission said in a letter that they would hit $300 billion of USA goods with tariffs if needed. The European Union has reportedly threatened to retaliate against US President Donald Trump in the escalating trade conflict developing across the Atlantic. [Full Article...]
Tesco and Carrefour create strategic alliance in effort to cut prices

Gareth Southgate: Colombia clash is England's biggest in a decade

Canada hits $13 billion of US goods with new tariffs
President Trump had enraged Canada and other USA allies by declaring imported steel and aluminum a threat to America's national security and therefore a legitimate target for US tariffs. -Canada trade. The United States, in fact, a year ago enjoyed a $2.8 billion overall trade surplus with Canada. He's also blamed it for the loss of American jobs and companies. [Full Article...]
Elon Musk calls Tesla 'a real auto company'

Trump lashes Saudi Arabia for drop in Iran's oil supply
Earlier this year, to the chagrin of European partners, Trump said he would pull the United States out of the Iran nuclear agreement secured by world powers. Iran and Saudi Arabia broke off diplomatic relations in 2016 and are locked in several proxy wars in the Middle East, including in Yemen. But members did not reach a decision "to assign any allocated production level of any member to othe... [Full Article...]