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Australia says US tariffs not 'act of a friend' but rules out reciprocal moves
SYDNEY, April 3 (Reuters) - Australian Prime Minister Anthony Albanese said on Thursday the decision by U.S. President Donald Trump to impose tariffs was not "the act of a friend," but said his country would not place reciprocal tariffs against the United States.Trump said on Wednesday that ...Reuters
Wed, Apr 2
CIF/FOB Gulf Grain-Corn barge basis bids firm, soybean bids ease as freight stays high
CHICAGO, April 2 (Reuters) - Spot basis bids for corn delivered by barge to U.S. Gulf Coast terminals firmed on Wednesday, while soybean bids turned lower, as freight rates stayed high and President Donald Trump rolled out sweeping trade tariffs, traders said.* Trump said Wednesday afternoon he is i...Reuters
Wed, Apr 2
Oil prices fall into negative territory as Trump announces new tariffs
Concerns remain over how tariffs will be implementedUS crude inventories post large build, EIA data showsSome analysts warn of bearish impact on oil prices Markets await word on any secondary Russian oil tariffsBy Stephanie Kelly and Arunima Kumar NEW YORK, April 2 (Reuters) - Oil prices fell to ...Reuters
Wed, Apr 2
INSTANT VIEW-Hefty Trump tariffs surprise markets, S&P futures slide
April 2 (Reuters) - U.S. President Donald Trump further escalated a trade war on Wednesday by announcing he would impose reciprocal tariffs to match duties put on U.S. goods by other countries."It's our declaration of independence," Trump said at an event in the White House Rose Garden. ...Reuters
Wed, Apr 2
PRECIOUS-Gold prices extend rise after Trump unveils tariff plans
Dollar slips after tariff announcement Spot gold hit record high of $3,148.88 per ounce on TuesdayUS private payrolls accelerate in MarchBy Brijesh Patel April 2 (Reuters) - Gold prices extended gains on Wednesday to hover near all-time highs, boosted by safe-haven inflows after U.S. President Do...Reuters
Wed, Apr 2
INSTANT VIEW-Investors react to Trump tariff announcement
April 2 (Reuters) - U.S. President Donald Trump further escalated a trade war on Wednesday by announcing he would impose reciprocal tariffs to match duties put on U.S. goods by other countries."It's our declaration of independence," Trump said at an event in the White House Rose Garden. ...Reuters
Wed, Apr 2
USDA freezes some funds to Maine over support for transgender athletes
By Leah Douglas April 2 (Reuters) - The U.S. Department of Agriculture has frozen funds to some Maine educational programs over the state's refusal to ban transgender women from sports, said a press release from Secretary Brooke Rollins. The administration of President Donald Trump has taken ...Reuters
Wed, Apr 2
USDA freezes some funds to Maine over support for transgender athletes
By Leah Douglas April 2 (Reuters) - The U.S. Department of Agriculture has frozen funds to some Maine educational programs over the state's refusal to ban transgender women from sports, said a press release from Secretary Brooke Rollins. The administration of President Donald Trump has taken ...Reuters
Wed, Apr 2
US Cash Grains-Corn, soy basis mixed ahead of tariff announcement
CHICAGO, April 2 (Reuters) - Spot basis bids for corn and soybeans were mixed in the U.S. Midwest on Wednesday as farmer selling remained light and industry players awaited details on broad tariffs promised by U.S. President Donald Trump.* Corn basis bids declined at an Ohio elevator and rose at an ...Reuters
Wed, Apr 2
Mexico's finance ministry estimates crude oil production 129,000 bpd below target
By Adriana BarreraMEXICO CITY, April 2 (Reuters) - Mexico lowered its estimate for average crude oil production for this year by 129,000 barrels per day (bpd), citing a "prudent approach" that takes into account the trajectory of the first months of the year.This would bring the country belo...Reuters
Wed, Apr 2
Motiva aims to complete Texas refinery FCC restart by April 10, sources say
HOUSTON, April 2 (Reuters) - Motiva Enterprises MOTIV.UL plans to complete the restart of the gasoline-producing fluidic catalytic cracker (FCC) by April 10 at its 626,000 barrel-per-day Port Arthur, Texas refinery, said people familiar with plant operations on Wednesday.The 81,000-bpd FCC was shut ...Reuters
Wed, Apr 2
US Cash Crude-Grades largely steady just ahead of Trump's tariff announcement
April 2 (Reuters) - U.S. cash crude prices were broadly little changed on Wednesday, just ahead of U.S. President Donald Trump's expected announcement of sweeping tariffs that could escalate a trade war and upend the global economy.Spot crude prices have been largely steady so far this week as t...Reuters
Wed, Apr 2
USDA freezes some funds to Maine over support for transgender athletes, secretary says
April 2 (Reuters) - The U.S. Department of Agriculture has frozen funds to some Maine educational programs over the state's refusal to ban transgender women from sports, said a press release from Secretary Brooke Rollins.Reuters
Wed, Apr 2
CBOT wheat slips on concerns over tariffs hurting US farm exports
April 2 (Reuters) - Chicago Board of Trade wheat futures sagged on Wednesday on fears that President Donald Trump will escalate a trade war and hurt U.S. agricultural exports with the announcement of new tariffs, analysts said.Trump's announcement, set for later on Wednesday, is expected to lead...Reuters
Wed, Apr 2
Fitch Says Market Balance & Oil Prices Will Chiefly Be Determined By Global Economic Performance & OPEC+'S Supply Management
April 2 (Reuters) - Fitch:FITCH: BELIEVE MARKET BALANCE & OIL PRICES WILL CHIEFLY BE DETERMINED BY GLOBAL ECONOMIC PERFORMANCE & OPEC+'S SUPPLY MANAGEMENTFITCH: NEW LNG PROJECTS LIKELY TO CREATE A MARKET SURPLUS IN MEDIUM TERM, FURTHER DIMINISHING DEMAND FOR CHEAP RUSSIAN GASReuters
Wed, Apr 2
US senators urge energy secretary to follow law on clean energy grants, loans
By Timothy Gardner WASHINGTON, April 2 (Reuters) - U.S. Democratic senators on Wednesday urged Energy Secretary Chris Wright to follow the laws that require his department to fund clean energy projects included in laws passed before Donald Trump became president, including four hydrogen hubs. Wr...Reuters
Wed, Apr 2
CBOT soybeans decline on worries over US trade policies
CHICAGO, April 2 (Reuters) - Chicago Board of Trade soybean futures finished lower on Wednesday on worries that U.S. exports will suffer from trade policies under President Donald Trump, analysts said.Trump has for weeks pegged April 2 as "Liberation Day", when he plans to impose an array of...Reuters
Wed, Apr 2
US natgas prices climb 3% on daily output drop, higher demand forecasts
US gas output on track to drop from record high in MarchUS LNG export feedgas on track to drop from record high in MarchUS gas inventories on track for rare build in MarchBy Scott DiSavinoApril 2 (Reuters) - U.S. natural gas futures climbed about 3% on Wednesday on a drop in daily output and forecas...Reuters
Wed, Apr 2
