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Freight rates remain at record highs while oil prices fall back on talks between Iran and Oman to reopen the Strait of Hormuz
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Canada's tariffs target certain U.S. states. See which regions are most vulnerable. CBS NewsWiped out: US faces surging toilet paper prices amid trade war with Canada The GuardianDonald Trump's Canada tariffs could mean higher prices for Michigan consumers, business leader warns ClickOnDetroit | WDIV Local 4Trump: 'Time to teach Canada you can't do this anymore' ReutersCanada Strikes Back, Oil Dec
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The cost of the fuel, used in farm machinery, trucks and other heavy equipment, has surged because of the war in Iran and Ukrainian attacks on Russian refineries.
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A high-stakes dispute over military use of artificial intelligence erupted into public view this week as Defense Secretary Pete Hegseth brusquely terminated Anthropic's work with the Pentagon and other government agencies.
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