President Donald Trump rejected an EU proposal to drop tariffs on all bilateral trade in industrial goods with the U.S., meaning that his 20% tariff on all EU imports is effective April 9.
April 8, 2025Donald Trump Transportation News Updates
Trump Dismisses Last-Gasp EU Push to Stop Tariffs Kicking In
China Says It Will 鈥楩ight to the End鈥 on Trump Tariffs
China said April 8 it would 鈥渇ight to the end鈥 and take countermeasures to safeguard its own interests after President Donald Trump threatened an additional 50% tariff on Chinese imports.
April 8, 2025Could Trump鈥檚 Tariffs Trigger a US Recession?
Economists at Goldman Sachs have raised their assessment of the odds the U.S. will experience a recession to 45% from 35% following President Donald Trump's tariffs announcement April 2.
April 8, 2025Thune Doubts Chances for Congressional Tariff Oversight
Senate Republican leader John Thune predicted a bipartisan bill that would give lawmakers greater oversight of President Donald Trump鈥檚 tariffs would languish in Congress.
April 7, 2025EU Unites Behind Tough Line on Trump Trade Tariffs
Trump鈥檚 move to slap a 20% tariff on EU goods as part of his 鈥淎merica First鈥 agenda has stirred fears of a global trade war 鈥 and led to a meltdown in financial markets.
April 7, 2025Xi Declares China Ready to Fight Trump鈥檚 Trade Tariffs
President Xi Jinping鈥檚 decision to quickly retaliate against Donald Trump鈥檚 sweeping tariffs sent the world a clear message: If the U.S. wants a trade war, China is ready to fight.
April 7, 2025Stellantis Offers Tariff Aid to Struggling Parts Suppliers
It鈥檚 unclear what percentage of the cost Stellantis is willing to pay and suppliers would have to meet a number of requirements in order to qualify for the program.
April 7, 2025DOT Seeks Input on Cutting Transportation Regulations
President Donald Trump鈥檚 orders since he took office have set goals for agencies to cut regulations where possible. DOT is asking for input from truckers, trade organizations and small businesses.
April 7, 2025Trump Threatens 50% Additional Tariffs on China
President Donald Trump threatened additional tariffs of 50% on China on April 7, raising fresh concerns that his drive to rebalance the global economy could lead to a trade war.
April 7, 2025Trump Digs In His Heels on Tariffs
President Donald Trump remained defiant on April 7 as global markets continued plunging and fears of a recession grew after his tariff announcement last week.
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