
For half a decade the nickel story was a story about surplus. Indonesia built an industrial machine that flooded the world with metal, prices ground lower, and producers from Australia to New Caledonia to Canada were forced offline because they simply could not compete with the cost curve Jakarta had engineered. That narrative is now…

Summary On June 1, 2026, President Donald J. Trump signed a proclamation titled “Further Adjusting the Tariff Regimes for Imports of Aluminum, Steel, and Copper into the United States.” The measure took legal effect at 12:01 a.m. eastern daylight time on June 8, 2026, and it represents the third major recalibration of the Section 232…

A new front in the U.S.–Brazil trade conflict On June 1, 2026, the Office of the United States Trade Representative (USTR) issued a formal determination that a sweeping set of Brazilian government practices are “unreasonable” and “burden or restrict U.S. commerce.” A day later, USTR Ambassador Jamieson Greer made the consequence public: a proposed 25…

On June 2, 2026, in Ottawa, Canada’s Minister of Energy and Natural Resources, Tim Hodgson, sat down with the Republic of Korea’s Chief of Staff to the President and Special Envoy for Strategic Economic Cooperation, Kang Hoon-Sik. The meeting, held alongside a Korea-Canada forum on energy, resources and supply-chain cooperation co-hosted by Korea’s Ministry of…