Author: Carlo Piovano

LONDON — The price of oil surged Jan. 3 as global investors were gripped with uncertainty over the potential repercussions after the United States killed Iran’s top general.

The Trump administration wants to tax $11.2 billion worth of EU goods — from airplanes to Gouda cheese — in a move that some experts say marks another attempt by the administration to use tariffs to reshape global trade in its favor.