Ed Ballard

2 weeks ago | wsj.com | Ed Ballard

Solar-equipment manufacturer Heliene is looking to renegotiate supply contracts as U.S. tariffs push up the price of crucial components from Asia. Heliene is based in Canada and makes solar modules in Minnesota. It imports photovoltaic cells—the basic component in solar modules—from Laos and India, split roughly evenly, as well as using U.S.-made cells. The two Asian countries now face tariffs of 48% and 26%, respectively.

2 weeks ago | wsj.com | Ed Ballard

A new front in the trade war is an obscure diplomatic summit aimed at introducing a global carbon price for shipping. The U.S. urged members of the International Maritime Organization, a global regulatory body, not to support proposals to make ship owners pay for their contribution to global warming, according to people involved in the talks.

2 weeks ago | wsj.com | Ed Ballard

Oil prices slid Friday to their lowest levels in nearly four years. A plan to increase supply by the Organization of the Petroleum Exporting Countries and its allies added to fears that tariffs will plunge the global economy into recession. Brent crude, the global benchmark, slid nearly 8% to under $65 a barrel, which if it holds would be the lowest end-of-day settlement price since August 2021.

2 weeks ago | wsj.com | Ed Ballard

Here are some notable stock-market moves around the world, as investors continued to grapple with the implications of President Trump’s sweeping tariffs. Miners are being hit by fears a possible global economic downturn will hit demand for raw materials. Shares of Glencore, one of the world’s largest producers of copper, was down 10% in London afternoon trading Friday. Anglo American and Rio Tinto also dropped.

3 weeks ago | wsj.com | Jack Pitcher |Ed Ballard

Your browser does not support iframesStock indexes fell for a second day after the U.S. unveiled new tariffs on automakers. President Trump said Wednesday he would slap 25% tariffs on automotive imports to the U.S. On Thursday, General Motors, Stellantis and other automakers fell sharply. Stocks of international rivals such as BMW, Toyota and Hyundai that export to the U.S. also came under pressure.