In a surprising move, President Trump has exempted oil, gas, and refined products from new tariffs, sparking relief among U.S. oil producers worried about rising costs and disrupted supplies.
In a bold move, President Trump announces a 25% tariff on countries purchasing oil from Venezuela, effective April 2. This decision is linked to concerns over violent immigration from Venezuela, impacting global oil markets as prices surge.
In a surprising turn, retail sales rose 0.2% in February despite inflation worries, showcasing consumer resilience. Key sectors like online retail and personal care saw growth, but bars and gas stations faced declines.