Prominent Economist Recognized by Trump Cautions That 25% Tariffs Could Cause ‘Irreparable Damage’ to U.S. Automakers
Noted economist honored by Trump warns that 25% tariffs risk ‘irreparable damage’ to US automakers WASHINGTON (AP) — Noted economist Arthur Laffer warns in a new analysis that President Donald Trump’s 25% tariffs on auto imports could add $4,711 to the cost of a vehicle, adding that the proposed taxes could weaken the ability of […]
Tesla: We Anticipate Compensating Effects from US Tariffs
US President Donald Trump announced 25% tariffs on automobiles and auto parts. The tariff applies only to the value of content made outside the United States. Tesla TSLA shares were up slightly on the news. Why it matters: Tariffs will likely raise auto prices for consumers as automakers pass along increased costs. Tesla should see […]
DBV Technologies Announces Financing of Up to $306.9 Million
DBV Technologies Announces Financing of up to $306.9 Châtillon, France, March 27, 2025 DBV Technologies Announces Financing of up to $306.9 Million (€284.5 Million) to Advance Viaskin® Peanut Patch Through Biologics License Application Submission and U.S. Commercial Launch, if Approved DBV secures $125.5 million (€116.3 million) up front and up to $181.4 million (€168.2 million), […]
Will Trump’s 25% Auto Tariffs Drive Canada Into…
With US President Donald Trump expanding his trade war by imposing a hefty 25% tariff on vehicles imported to the United States, including from Canada, economists are warning about significant damage to the economy. The automotive industry plays a crucial role in Canada’s economy, representing 10% of manufacturing GDP and 21% of trade in manufactured […]
Mentor Capital Acquires Premium Royalties in the Permian Basin Through Strategic Purchase
Mentor Capital Secures Premium Permian Basin Royalties in Strategic Buy 03/27/2025 – 02:32 PM 25 Net Royalty Acres Purchased as Part of a 71 Producing Well Program PLANO, Texas–(BUSINESS WIRE)– Mentor Capital, Inc. (OTCQB: MNTR) announced that in an all cash transaction it has purchased a 25.127 net royalty acre portion of a producing 71 […]
Electrovaya Receives Additional US$7.3 Million Order for Fortune 100 Customer
Electrovaya Inc. has secured purchase orders worth approximately $7.3 million from a major Fortune 100 e-commerce company for lithium-ion batteries to power material handling electric vehicles in distribution centers across the U.S. and Canada. This order follows a $3.5 million purchase made in November 2024. With over 2,000 Infinity batteries already deployed in more than […]
Tianqi Lithium Faces Loss as Battery Metal Slump Continues
Tianqi Lithium returns to loss on prolonged battery metal rout Tianqi Lithium Corp. has recently reported significant financial struggles, marking the first full-year loss since 2020, attributed to volatile lithium prices and escalating geopolitical risks. This commentary delves into the context of these challenges and the broader implications for the lithium market and the electric […]
Thor Explorations Gains Ground Following Dispute Victory in Nigeria
Aerial view of the Segilola gold mine. Credit: Thor Explorations Ltd. Thor Explorations (TSXV: THX) (AIM: THX) rallied on Wednesday after an inter-ministerial committee in Nigeria dismissed allegations of business malpractice against the Canadian miner. According to a report released by the fact-finding committee, the allegations of wrongdoing against Segilola Resources Operating Ltd. (SROL), Thor’s […]
Gold Price Outlook: Are Tariffs and ETF Demand Set to Boost XAU/USD?
Gold Price Forecast: Will Tariffs and ETF Demand Drive XAU/USD Higher? Gold prices faced resistance despite tariff threats, failing to reach previous highs. Gold ETFs saw their largest single-day increase since 2022, indicating strong demand. US economic data had a short-term impact on prices, but haven demand remains elevated. Most Read: EUR/USD Forecast: Will Tariffs […]
Semiconductor Stock Outlook: Navigating the AI Surge vs. a…
Semiconductor stocks were among the biggest beneficiaries of the artificial intelligence rally, with Nvidia NVDA going from being known mainly by gamers to a household name. From May 2023 (when Nvidia unveiled a massive jump in earnings thanks to AI interest in its newest, most powerful chips) through Jan. 22 of this year, the Morningstar […]