Mexican president urges oil independence amid U.S. trade tensions

WNM | Jun 3, 2019 at 1:02 AM

Mexican President Andres Manuel Lopez Obrador reiterated on Sunday the need for oil independence as his government said it would tender six construction contracts in June for a planned oil refinery in the southern state of Tabasco.

German car stocks fall on Trump’s Mexico tariff threat

WNM | May 31, 2019 at 11:04 AM

Shares in German car makers extended losses in Frankfurt on Friday after U.S. President Donald Trump threatened to slap tariffs from next month on imports from Mexico, where the big three manufacturers have plants.

Pentagon wants to reduce U.S. reliance on rare earth from China

WNM | May 30, 2019 at 1:18 AM

The U.S. Defense Department has briefed Congress on a report on rare earth minerals as it looks to reduce American reliance on China, a Pentagon spokesman told Reuters on Wednesday, amid mounting concern in Washington about Beijing’s role as a supplier.