Latin American – Charm

Trump’s 10% oil tariff could cost foreign producers $10 billion annually, Goldman Sachs says

Cs news4 months ago03 mins

(Reuters) – Goldman Sachs said on Friday a proposed 10% U.S. oil tariff could cost foreign producers $10 billion per year, as Canadian and Latin American heavy crudes remain reliant on U.S. refiners due to limited alternative buyers and processing capabilities. President Donald Trump plans to impose a 25% tariff on Mexican crude and a…

A diminished Biden heads to APEC summit in Peru, overshadowed by China’s Xi

Cs news8 months ago012 mins

LIMA, Peru (AP) — If things had gone differently last week, U.S. President Joe Biden could have arrived at the Asia-Pacific Economic Cooperation forum in Peru on Thursday projecting confidence and pledging his successor’s cooperation with eager Latin American partners. No longer. Just as in 2016, the last time that Peru’s capital Lima hosted APEC,…