Tariffs come on, tariffs come off. Wax on, wax off. Mr. Miyagi could not have done it any better. The U.S. and China have agreed to slash the trade war tariffs on each other’s goods for 90 days. Each country will cut tariffs by 115%. This game of chicken will delete the reciprocal tariffs and the brinksmanship these countries […]
It’s time to assign tariffs! Or is just another episode of Mean Girls? There’s 4 for you, 2 for you, one for you and none for Gretchen Weiners. Bye. On March 4, 25% tariffs were levied against Mexico, Canada and China. Of course, China promptly retaliated with tariffs on some agricultural imports. The stock market took a beating and then […]
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The United States is the world’s largest importer of chemicals, importing $324 billion worth of chemicals in 2023. The recent announcement to impose a 25% tariff on imports from Canada and Mexico and an additional 10% on goods from China will certainly alter the existing U.S. trade policy, particularly in the specialty chemical arena which have […]
Today’s Guest on Tank Talk is Gus Vasquez with Argus. Gus is the Americas Editorial Manager for Crude and LPG at Argus. In this episode we discuss the impact of Tariffs on the crude oil markets for Canada & Mexico and the ramifications on US Refiners.
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Some of us may remember (not so fondly) our college Economics 101 class and its basic concepts. For example, there is Scarcity: The idea that resources are limited, but human wants are unlimited. This forces people to make choices. There also is Supply and demand: The relationship between how much of a good is available and how much people […]
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Pop quiz: What do Dayton (TX), Houston, Providence, New Orleans, Barnesville (PA), Blytheville (AR), Tampa, Richmond (VA) and Springfield (MA) have in common? Come on…that’s easy, they are all terminal facilities with available capacity that are presently listed with The Tank Tiger. In fact, there are over 120 facilities presently listed with The Tank Tiger that are actively […]
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