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Trump administration adds beer, can imports to 25% US aluminum tariffs
WASHINGTON, April 2 (Reuters) - The U.S. Commerce Department on Wednesday revised President Donald Trump's 25% tariffs on derivative aluminum products to include all beer and empty aluminum can imports.Commerce said in a Federal Register notice that duties on these products would be collected st...Reuters
Wed, Apr 2
US regulator suspends Colonial Pipeline's proposed changes to fuel shipping terms
By Nicole Jao and Shariq Khan NEW YORK, April 1 (Reuters) - The Federal Energy Regulatory Commission issued an order to suspend Colonial Pipeline's proposed changes to fuel shipping terms for seven months.Colonial Pipeline sought FERC's approval last month to stop shipping different grade...Reuters
Wed, Apr 2
Manischewitz wine caught in tariffs dispute as Canadian Jews prepare for Passover
Canadian Jews face shortage of Manischewitz wine due to trade tensionsProvincial bans on US alcohol affect Passover preparationsCanadian kosher producers see opportunity amid 'Buy Canadian' movementBy Ed White and Leah DouglasWINNIPEG, Manitoba, April 2 (Reuters) - For Jews in Canada, much l...Reuters
Wed, Apr 2
Mexico will gradually comply with US water treaty, president says
MEXICO CITY, April 2 (Reuters) - Mexican President Claudia Sheinbaum said on Wednesday that Mexico will gradually comply with a decades-old water treaty with the United States, following recent criticism from the U.S. State Department on the implementation of the agreement.Reuters
Wed, Apr 2
US East Coast distillate stockpiles hit lowest since Nov 2023, EIA says
April 2 (Reuters) - U.S. East Coast distillate stockpiles fell by 2.4 million barrels last week to 25.9 million barrels, their lowest since November 2023, the Energy Information Administration said in its Petroleum Status Report on Wednesday.Reuters
Wed, Apr 2
US crude stocks and distillate inventories rise, gasoline stocks fall - EIA
DENVER, April 2 (Reuters) - U.S. crude stocks and distillate inventories rose while gasoline inventories fell in the week ending March 28, the Energy Information Administration said on Wednesday.Crude inventories rose by 6.2 million barrels to 439.8 million barrels last week, the EIA said, compared ...Reuters
Wed, Apr 2
Tin rallies to near three-year peak on tightness, short-covering
By Eric Onstad LONDON, April 2 (Reuters) - Tin prices jumped to their highest levels in nearly three years on Wednesday as traders scrambled to line up supplies and speculators juggled positions following disruptions in two major tin-rich countries.Tin on both the London Metal Exchange (LME) and ...Reuters
Wed, Apr 2
US Supreme Court rejects medical marijuana firm's bid to avoid racketeering suit
Plaintiff Douglas Horn sued San Diego-based companyJustice Barrett authored Supreme Court's 5-4 ruling By John Kruzel WASHINGTON, April 2 (Reuters) - The U.S. Supreme Court ruled on Wednesday against Medical Marijuana Inc MJNA.PK in its bid to fend off a lawsuit by a commercial truck driver ...Reuters
Wed, Apr 2
US Supreme Court rejects medical marijuana firm's bid to avoid racketeering suit
By John Kruzel WASHINGTON, April 2 (Reuters) - The U.S. Supreme Court ruled on Wednesday against Medical Marijuana Inc MJNA.PK in its bid to fend off a lawsuit by a commercial truck driver who was fired for failing a drug test after taking cannabidiol, or CBD, that he said was falsely sold as lac...Reuters
Wed, Apr 2
With cellars overflowing, wine makers in Spain's Rioja fret over US tariffs
Rioja wine stockpiles surge post-pandemic amid global demand dipTrump has floated 200% tariffs on European wine Rioja kept US market share under past tariffs but margins shrankBy Vincent West FUENMAYOR, Spain, April 2 (Reuters) - Stockpiles of wine in Spain's Rioja region have swelled since t...Reuters
Wed, Apr 2
Adviser pushes back on Trump plan to boost domestic minerals production
Trump wants DFC to back US critical minerals projectsAgainst current rules to invest domestically, adviser saysTrump appointed billionaire Leon Black's son, Ben, as CEOBy Virginia Furness LONDON, April 2 (Reuters) - A well-known adviser to the U.S. International Development Finance Corporatio...Reuters
Wed, Apr 2
Brazil soy seed piracy generates $1.76 billion in losses per year, study finds
By Roberto SamoraSAO PAULO, April 2 (Reuters) - Soybean seed piracy in Brazil generates losses of 10 billion reais ($1.76 billion) per year in the country, according to a study by CropLife Brasil and agribusiness consultancy Celeres Consultoria released on Wednesday. The findings of the study in Bra...Reuters
Wed, Apr 2
US natgas prices climb 2% 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 2% on Wednesday on a drop in daily output and forecas...Reuters
Wed, Apr 2
Russian central bank warns US tariff hikes may slow global growth
MOSCOW, April 2 (Reuters) - U.S. tariff hikes may slow down world economic growth and fuel inflation, and oil prices could be lower than forecast for several years as a result of reduced global demand, the Russian central bank said on Wednesday.President Donald Trump was set to impose sweeping new t...Reuters
Wed, Apr 2
TotalEnergies to acquire Canadian renewables, divest Finnish wind farm
By America Hernandez PARIS, April 2 - French oil major TotalEnergies has signed agreements with RES, the world's largest independent renewables firm, to acquire nearly one gigawatt's worth of its wind and solar projects in Canada, it said on Wednesday.That includes the recently commission...Reuters
Wed, Apr 2
CBOT Trends-Wheat down 5-6 cents, corn down 3-6, soy down 3-4
CHICAGO, April 2 (Reuters) - Following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CDT (1330 GMT) on Wednesday.WHEAT - Down 5 to 6 cents per bushel* Wheat futures declined as concerns over an upcoming tariff announcement threat...Reuters
Wed, Apr 2
Russia and Ukraine trade new accusations on breaches of energy truce
MOSCOW, April 2 (Reuters) - Russia and Ukraine accused each other on Wednesday of launching new attacks against each other's energy facilities, in violation of a U.S.-brokered moratorium. Both sides said they were providing details of the alleged violations to the United States, which persuad...Reuters
Wed, Apr 2
Russian central bank warns US tariff hikes can slow global economy
MOSCOW, April 2 (Reuters) - U.S. tariff hikes may slow down the world economy, and oil prices could be lower than forecast for several years as a result of reduced global demand, the Russian central bank said on Wednesday.Reuters
Wed, Apr 2
Oil Product Deliveries To Spanish Market From Fuel Distributor Exolum Terminals Decreased By 1.2% In March YoY
April 2 (Reuters) - Exolum:OIL PRODUCT DELIVERIES TO THE SPANISH MARKET FROM FUEL DISTRIBUTOR EXOLUM TERMINALS DECREASED BY 1.2% IN MARCH YEAR ON YEARSource text: https://tinyurl.com/y8fcyxykReuters
Wed, Apr 2
