Latest News Updates From Bloomberg News

Government, Business, Equipment

GM, Hyundai Sales Rise as Trump Tariff Fears Spur Car Buying

This past weekend was 鈥渂y far the best weekend I鈥檝e seen in a very long time,鈥 said Randy Parker, the CEO of Hyundai and Genesis in North America.

April 1, 2025
Government, Business, Equipment

Most Carmakers Stand to Feel Pain From Trump's Auto Tariffs

As the fallout from President Donald Trump鈥檚 tariff plans comes into relief, a harsh truth is emerging for the automotive industry: There are lots of losers and not many winners.

March 27, 2025
Government, Business

Trump Weighs Imposing Copper Import Tariffs in Weeks

U.S. tariffs on copper imports could be coming within several weeks, months earlier than the deadline for a decision, according to people familiar with the matter.聽

March 26, 2025
Government, Business, Logistics

NYC Congestion Pricing Raises $52M Amid Trump Backlash

New York City鈥檚 congestion pricing raised about $52 million in toll revenue in February as President Donald Trump and Gov. Kathy Hochul remain in a standoff over his bid to end the program.

March 24, 2025
Government, Business, Equipment

Trump Hails Hyundai鈥檚 US Expansion as Tariff Vindication

President Donald Trump lauded plans by Hyundai to expand in the U.S., casting it as a vindication of his use of tariffs to pressure foreign manufacturers to create American jobs.聽

March 24, 2025
Government, Business, Logistics, Global Freight

US Levies on Chinese Ships Risk 鈥楾rade Apocalypse鈥

A proposal from the U.S. would put million-dollar levies on Chinese ships docking in the U.S.聽It's aimed at curbing China鈥檚 dominance of shipbuilding, logistics and maritime industry.

March 24, 2025
Government, Business, Logistics

China Cuts Back on Small Packages Shipped to US

Chinese companies cut back on the small packages they shipped to the U.S. last month, as President Donald Trump looks to close off the trade and impose tariffs on all imports from China.

March 21, 2025
Business, Fuel

Brookfield Leads Race to Acquire Colonial Pipeline

The investment firm is seen as the strongest contender after final offers were submitted the week of March 10, advancing past rival infrastructure funds and potential strategic buyers.

March 19, 2025
Government, Business, Fuel

Trump Approves LNG Exports From Venture Global鈥檚 CP2 Project

The administration has granted Venture Global LNG conditional approval to export natural gas from a planned facility in Louisiana that had stalled under the last administration.

March 19, 2025
Government, Business, Logistics

EU Seeks Talks With Trump Before Retaliatory Tariffs

The EU wants to engage with the U.S., Ireland's Deputy Prime Minister Simon Harris said. 鈥淲e should do that rather than having further announcements and then trying to respond.鈥

March 18, 2025