Trump Tariff Threat Fuels US Asphalt Supply Fears
The US asphalt market faces uncertainty as President-elect Donald Trump’s proposed tariffs on Canadian imports could restrict supply and drive up prices for American buyers. Trump’s plan includes a 25% tariff on all imports from Canada and Mexico, set to take effect after his inauguration on January 20. While industry insiders speculate that the tariff […]
Trump Eyes Broader Oil Sanctions on Iran
The incoming Trump administration is reportedly planning to expand sanctions on Iran’s oil sector, targeting not just crude exports but a wider range of petroleum products. This strategy aims to intensify economic pressure on Tehran by cutting off additional revenue streams. According to sources familiar with the matter, the new measures could include restrictions on […]
