Oil surges to $100 per barrel. And, Trump imposes a new round of tariffs
The Trump administration has imposed new tariffs on 59 countries and the EU, citing the use of forced labor in imported goods. Meanwhile, the U.S. House passed a non-binding resolution to remove forces from the Iran conflict as oil prices hit $100 per barrel.
Why it matters
These developments signal a major shift in U.S. trade policy and an escalation in geopolitical tensions that are directly impacting the global economy.
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