Trump vows to establish an "External Revenue Service" on his first day as president to collect tariffs, aiming to reshape U.S. trade policies and economic strategies.
Canada's ambassador indicates willingness to boost U.S. imports in response to Trump’s tariff threats, emphasizing potential repercussions for both nations.
New US sanctions on Russian oil producers will significantly impact supply chains to China and India, pushing both countries to seek alternatives from Middle Eastern sources.
Canada is weighing retaliatory tariffs on U.S. goods, including orange juice, in response to potential U.S. tariffs under President-elect Donald Trump.
European imports of liquefied natural gas (LNG) from Russia hit record levels in 2024, raising concerns over the EU's energy policies amid conflicting sanctions.