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Top Stories: Page 30
Tariffs Are Working, Trump Assures Michigan Autoworkers
The White House pointed to GM's $6 billion investment in U.S. manufacturing, as well as smaller investments by Ford, Stellantis and Detroit Diesel.
India Refiner Seeks Oil That Avoids Red Sea, Hormuz Chokepoints
State-run refiners are increasingly replacing Middle Eastern barrels with supplies from Russia and the Atlantic Basin.
Union Pacific, Norfolk Revise Application to Help Clinch Merger
U.S. rules require rail mergers to show that a deal would serve the public interest and enhance competition, a step beyond merger requirements applied to other industries.
Gordie Howe Bridge Is Open at Last
Detroit bridge crossings have particular significance for maintaining the supply chains of the automotive industries of the U.S. and Canada.
Small Businesses Sue Over New Trump Tariffs
The plaintiffs argue that Trump has stretched the statute beyond its limit this time, pointing to the way his administration conducted its investigations.
Shein Swings to Loss After End of De Minimis
The fast-fashion company, headquartered in Singapore but founded in China, is preparing for its stock market debut in Hong Kong.
CN Rail Boosts Full-Year Outlook as Customers Navigate Tariffs
Sales for all product categories rose, even for forest products that were hit by severe levies last year.
U.S., Iran Extend Pause in Strikes as Oman Holds Hormuz Talks
The lull came as a weekend meeting between Iranian and Omani officials indicated a fresh attempt to resolve the crucial issue of shipping around Hormuz.
Gordie Howe Bridge Opening Ceremony Goes Ahead, Without U.S. Guests
Many Canadians remain perplexed and angered by the deterioration in what was previously one of the most reliable trading alliances in the world, worth more than $900 billion in 2024.
Trump Rebuilds Tariffs With New Levies on 60 Economies
July 23’s announcement was largely expected, and analysts noted the new tariff regime leaves the overall duty on imports roughly the same.
Russia: Black Sea Waters Not Safe for Ships
At least 124 Russia-linked vessels were targeted in the Black Sea and the Sea of Azov, from July 8-20, according to statements from Ukraine’s General Staff.
Houthis Attack Saudi Tanker in Red Sea
Saudi state media said the tanker
Encelia
was hit in the Red Sea, resulting in a fire on board.
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