Tag Archives: backfires

Enterprise Products: Trump “weaponizing” ethane exports to China backfires against U.S.

Enterprise Products: Trump “weaponizing” ethane exports to China backfires against U.S.

Leading U.S. energy products exporter Enterprise Products Partners warned that the Trump administration continuing to “weaponize” fossil fuel shipments to China would only backfire against U.S. shippers. Enterprise co-CEO Jim Teague issued his complaints during the July 28 earnings call about two months after the U.S. Commerce Department temporarily banned ethane exports to China as a trade agreement negotiating tool …

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‘A family of traitors’: Trump’s Brazil tariffs ultimatum backfires on Bolsonaro | Brazil

‘A family of traitors’: Trump’s Brazil tariffs ultimatum backfires on Bolsonaro | Brazil

Silvana Marques was one of thousands of Brazilians who flocked to São Paulo’s most famous art museum one afternoon last week. But the 51-year-old teacher wasn’t there to marvel over fog-filled London landscapes at Masp’s new Monet retrospective. She had come to join a protest heaping scorn on Donald Trump. Beneath the museum’s brutalist hulk, Marques spotted a cardboard effigy …

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TACO trade backfires on Wall Street as Trump charges ahead on tariffs

TACO trade backfires on Wall Street as Trump charges ahead on tariffs

Wall Street thought it had President Donald Trump all figured out on his trade war, but the past week has raised concerns that investors may be wrong. Markets had dismissed tariff risks under the assumption that Trump would follow an earlier pattern and back off, in what became known as the so-called TACO trade. That allowed stocks to reach new record-high territory …

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