China raises tariffs on U.S. goods to 125% as trade war deepens
China announced countermeasures on Friday, raising tariffs on U.S. goods from 84% to 125% starting Saturday.
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Energy & Commodities
TC Energy CEO says Canada can become top LNG supplier to Asia
The chief executive of pipeline operator TC Energy says he believes Canada can be the No. 1 exporter of liquefied natural gas to Asia, but political leadership is crucial to making it happen.
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Trade War
Asian shares sink, with Japan’s Nikkei down 5.6% as China-U.S. trade war escalates
Asian shares sank Friday after U.S. stocks gave up much of their historic gains from the day before.
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