U.S. oil firms challenge pipeline surcharge for steel tariff
Two U.S. shale producers have challenged an energy pipeline operator's proposed surcharge for the Trump administration's 25% tariff on imported steel, raising the stakes for pipeline builders facing higher construction costs.
Trump says he had to 'take China on,' regardless of short-term impact on U.S. economy
President Donald Trump on Tuesday said he had to confront China over trade even if it caused short-term harm to the U.S. economy because Beijing had been cheating Washington for decades.
Toll Brothers profit beat clouded by weakness in orders
Toll Brothers Inc reported a better-than-expected quarterly profit on higher home prices, but its shares fell as orders declined, hinting at weaker demand for new homes.