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Expect To Pay More For These Items As Trump Tariffs Take Effect Expect To Pay More For These Items As Trump Tariffs Take Effect
Expect To Pay More For These Items As Trump Tariffs Take Effect US tariffs on goods from its three largest trading partners -- neighboring nations Canada and Mexico as well as China -- have gone into effect as of midnight Tuesday, March 4. Canada and Mexico have been slapped with 25 percent tariffs. The rate for China, America's main economic rival, is 20 percent.  Mexico and Canada account for about 70 percent of US crude oil imports. Earlier Report: Stocks Plummet After Trump Says Tariffs On Canada, Mexico Will Start, Igniting Trade War Fears Now, many economists are warning that American consumers will be paying more for a host of staple ite…

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by Joe Lombardi
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Largest East Coast Fuel Pipeline Shuts Down Operations After Cyberattack Largest East Coast Fuel Pipeline Shuts Down Operations After Cyberattack
Largest East Coast Fuel Pipeline Shuts Down Operations After Cyberattack The main pipeline carrying millions of gasoline and diesel fuel to the East Coast said it has halted all operations after being hit with a cyberattack. The Colonial Pipeline Company said in a statement that it learned it was the victim of a cybersecurity attack on Friday, May 7. Colonial Pipeline is the largest refined products pipeline system in the United States. It carries about one million barrels each day of gasoline, diesel, and jet fuel between the Gulf Coast and the New York Harbor area, with the ability to move about three million barrels daily. "In response, we proactively took c…

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by Joe Lombardi