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Stock impact report

The Canadian Companies Finding Opportunity Amid Trade Tensions [Yahoo! Finance Canada]

TC Energy Corporation (TRP) 
Last tc energy corporation earnings: 5/1 07:30 am Check Earnings Report
US:NYSE Investor Relations: transcanada.com/en/investors
But this time, it has hit home with the United States-Canada tariff wars and growing concerns around the upcoming renewal of the United States-Mexico-Canada Agreement (USMCA) on July 1. For investors, understanding how trade tensions ripple through commodities, energy, and gold markets is critical. Understanding trade tensions When trade tensions were limited to tariffs, they affected energy stocks . The U.S. wanted to reduce its trade deficit. Hence, it imposed tariffs to reduce imports and force trade partners to buy more American goods at higher prices. Oil, the most widely traded commodity, became a focal point. Now, the U.S. is using sanctions and military power to secure global oil reserves and sell oil in U.S. dollars. This episode mirrors the 1970s energy crisis, when Gulf tensions increased oil prices to the level that it altered oil consumption. Industrial activity slowed; countries shifted from oil to other sources, such as nuclear, coal, and natural gas, to produce ele Show less Read more
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