Edsel sales dropped each year the model was on the market, and Ford discontinued the car in 1959. Cybertruck sales are off to an even worse start.

“Middle East risk has become a two-chokepoint problem,” Standard Chartered analysts including Emily Ashford wrote. 

More climbs for oil prices have come after the continued attacks between the U.S. and Iran. Brent crude, the international standard, rose 2.6% to $93.40 a barrel.

Trump declared that Canada has unfairly discriminated against American autos, alcohol and dairy products. The new tariffs were scheduled to come into effect 30 days from July 20.

In announcing the tariffs, Trump accused Canada of unfairly discriminating against U.S. automobiles, alcohol and dairy products.

The ATA For-Hire Truck Tonnage Index increased 0.1% from the prior month to 113.1. But the latest result also marked a decline of 0.1% from last year.

President Trump is poised to impose fresh levies on products from dozens of economies by July 24, according to sources.

President Trump is using another tariff threat to put pressure on Canadian provinces to end boycotts of U.S. alcohol. But provincial leaders aren’t backing off.

The Tenney Group 2026 Mid-Year M&A Report found that capacity reductions have started to drive industry consolidation alongside other key factors.

CEO Doug Campbell says his firm is hunting for new financing to jump-start operations .America’s Car-Mart last week reported a 52% plunge in inventory and a 27% drop in car sales.

The deal is the latest example of European snack makers looking to the U.S. for growth in packaged food.

Soaring demand for hybrid cars is putting them on pace to surpass annual EV sales in the state for the first time since 2020.

The plan would cut tariffs on imported aluminum to about 25% from 50% for companies that have fulfilled the new requirements and have been approved by the U.S. 

Exports from the Gulf are below the highs reached in late June, but still “considerably higher” than the levels seen between early March and mid-June, IEA estimates.

The tighter access to the Panama conduit comes as other major global chokepoints have faced disruptions, roiling trade flows.

Brent crude, the international standard, rose 1.9% to $90.92, well above the roughly $72 per barrel level it was at before the war started in late February.

GM’s brighter outlook came despite a tough second quarter. The company has kept profits up by keeping inventory low and maintaining higher prices on its most profitable models.

The Houthi militant group in Yemen threatened shipping in the Red Sea as the U.S. and Iran exchanged strikes for a 10th consecutive day.

At present, Goldman sees Brent at $80 a barrel in the fourth quarter, and $75 next year, predicated on a de-escalation of tensions in the Middle East.

The new tariffs will take effect in 30 days, according to a senior administration official who briefed reporters July 20 on the decision.