Uranium market freezes as tariff threats rattle would-be buyers

From bnnbloomberg.ca

The North American uranium market is grinding to a halt as U.S. nuclear-power companies spooked by U.S. President Donald Trump’s tariff threats slow purchases and delay new contracts. U.S. utility purchases of the nuclear fuel dropped by half as the imposition of Trump’s 10 per cent levy on Canadian energy exports approaches, according the most-recent data from pricing firm TradeTech. Reactor operators who typically rely on term contracts are standing on the sidelines to see how the tariffs play out. Few sectors are as at-risk as U.S. nuclear power, which relies on Canada for more than one-fourth of its uranium ... (full story)