Business & Economics

919 stories · Page 2 of 92

Global Diesel Prices Break Records as U.S. Floats Export Ban

On 29 Sep 2026 diesel crossed new price records (UK average 199.18p/L) just as President Trump signalled a potential ban on the roughly 1.5 mbd of U.S. diesel exports, amplifying fears of a supply squeeze sparked by the Iran war and refinery attacks.

US–China 30-for-30 Tariff Rollback on Non-Sensitive Goods

After Xi Jinping’s late-September 2026 state visit, Washington and Beijing agreed to restore most-favored-nation rates on $30 billion of imports each way—77 Chinese consumer items and 1,619 U.S. agricultural/industrial goods—pending domestic approval.

China Carves Out Soybeans While Slashing Tariffs on $30 B of US Farm Goods

On 28 Sept 2026 Beijing published a list cutting import duties to MFN levels on more than 1,600 US agricultural products—corn, wheat, meat, dairy, sorghum and even soy-derivatives—but kept the extra 10 % tariff on whole soybeans despite last week’s Trump-Xi summit pledging tariff relief.

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