A Tariff Pile-On Threatens to Escalate a Global Trade War

A Tariff Pile-On Threatens to Escalate a Global Trade War

Trade war A new round of tariffs on aluminum and steel went into effect overnight. This time, no U.S. trading partner was spared. The new tariffs amped up the risk of a global trade war. The European Union on Wednesday vowed to roll out $28 billion in retaliatory levies next …

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Russia Is Wooing Western Energy Companies, but Will They Return?

Russia Is Wooing Western Energy Companies, but Will They Return?

Kremlin officials are dangling the prospect of lucrative investment deals for American energy companies, apparently seeking to convince President Trump that large economic gains could come from siding with Moscow in ending the war in Ukraine and scrapping economic sanctions on Russia. There is no doubt that Russia has vast …

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U.S. Oil Production Is Booming. Oil Jobs Are Not.

U.S. Oil Production Is Booming. Oil Jobs Are Not.

For years, as oil and gas companies increased production, they hired lots of workers, enriching communities across the United States. That is no longer true. The country is pumping more oil than ever and near-record amounts of gas. But the companies that extract, transport and process these fossil fuels employ …

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