US President Donald Trump says all imported steel and aluminum will be hit with a 25 percent tariff, with new reciprocal tariffs to be rolled out for all global trading partners that tax American imports. China’s retaliatory tariffs on American goods come into effect, and Nigeria faces the fallout from a lithium boom. Source link
Banks are hoping to sell the X debt at around 90 to 95 cents on the dollar. Source link
The Canadian government said it would provide extraordinary financing to Canada Post to avoid insolvency at the state-owned mail service. Source link
Amazon.com said it is open to talks with officials from the Canadian and Quebec governments about the decision to shut down operations in the country’s French-speaking province, which would lead to 1,700 people losing their jobs. Source link
Once a stalwart supporter of Black and LGBTQ rights, the retailer joined corporate America’s retreat from DEI initiatives. Source link