Manufacturing
Tariffs add to trade distortion in energy markets
US tariffs on energy trade apply another layer of trade distortion to energy markets
InternationalTariffs will damage the already pressured auto sector
President Trump’s latest tariff announcement is that all US imports of cars and car parts will face a 25% tariff rate
InternationalLatest Trump tariffs provoke robust Canadian response
Citing a national security threat to the US auto sector, President Trump announced a new 25% tariff on cars yesterday
CanadaChinese dominance will influence global dysprosium use
Demand is rising from many uses for heavy rare earth dysprosium; Chinese refiners control 99.9% of global supply
InternationalUS anti-clean energy push hits world energy transition
The US policy shift away from clean energy and foreign aid towards fossil fuels will affect the global energy transition
InternationalUS/Europe PMI performances will increasingly differ
The flash US PMI flagged better manufacturing confidence and worse services sentiment; European manufacturing worsened
InternationalMomentum is building for an EU-UK defence pact
The United Kingdom and EU are reportedly pursuing a pact of defence cooperation
EURisks to Russian oil sector will remain high
Russia’s oil industry has proven resilient despite being targeted by Western sanctions
Russia
