Listen Live

BEFORE THE BELL: Trump eyes China tariffs, accuses OPEC of crude price manipulation; Loonie slowly pulls out of slump

The tariff talk is stretching into July as the US puts China back in its sights.
US officials will be deciding on over $34 billion in tariffs against Chinese products on Friday. This comes after Donald Trump moved to block China Mobile from offering services in the US over spying concerns.

The US President is also making a vague threat against the WTO, claiming the organization is treating America unfairly and he’s going to ‘do something’ about it.

And Trump is accusing OPEC of manipulating the global crude market as oil prices gain once again. The price of US crude is up to 74.87 a barrel.

Meanwhile, Wall Street is expected to have another win today before it closes early for the July 4th holiday tomorrow. The boost is coming from tech stocks as analysts are expecting positive earnings reports from Silicon Valley next week.

The Loonie is slowing gaining ground again, up to 76.05 cents US this morning.

- Advertisement -

Related Articles

- Advertisement -

Latest News

City asking residents to avoid “fish kill” concentration areas on local waterways

The city has put out a public advisory warning of what is known as a “fish kill,” currently taking place in sections of Bear Creek.

AHS warns of possible measles exposure locations in Grande Prairie

A confirmed measles case has prompted an exposure warning in Grande Prairie.

Jumpstart inclusive playground set to transform Lion’s Park

A new playground that is inclusive for all will be built at Lions Park.

Council increases funding to rebate program with surge in housing construction

For the first time in a decade, the City of Grande Prairie is experiencing a surge in housing construction with $55.1 million in residential building permits recorded by the end of June. 

Road construction kicks off in Crystal Lake

Drivers in Crystal Lake can expect to see construction in their neck of the woods for the next little while as crews have kicked off several projects in the area.
- Advertisement -