#tariff-war

#tariff-war

"We've already absorbed a pretty significant hit from all the uncertainty I think about $200 million of revenue impact, maybe higher," Creel told analysts on a conference call Wednesday. The chief executive, who helms the only railroad to span all three countries on the continent, said the upcoming renegotiation of the United States-Mexico-Canada Agreement can be mutually beneficial while also rejigging cargo flows to reduce the trade deficit that U.S. President Donald Trump has repeatedly cited as a source of aggravation.

The bilateral relationship between India and Brazil has enormous growth potential, with current trade exchange at just $12 billion despite 80 years of diplomatic relations.

The United States dollar has had its worst first six months of the year since 1973, as President Donald Trump's economic policies have prompted global investors to sell their greenback holdings.

Steel stocks are a bright spot after President Trump revealed a doubling of tariffs on steel imports to 50%, benefiting U.S. steelmakers.