tariffs News Updates

Government, Business, Logistics

Trump Insists Plan for Higher Tariffs Will Move Ahead

President Donald Trump suggested another delay to his higher so-called “reciprocal” tariffs was unlikely, raising pressure on nations to negotiate trade deals with his administration.

April 25, 2025
Government, Business, Fuel

Energy Secretary Aims to Reassure Oil Bosses Amid Trade War

Energy Secretary Chris Wright sought to reassure U.S. oil companies during a visit to Oklahoma, saying turmoil from President Donald Trump’s trade war is apt to be fleeting.

April 25, 2025
Government, Business, Logistics

Low-Income Earners Face Sharpest Impact From Tariffs

While prices will rise for everyone, lower-income families are expected to lose a larger portion of their budgets because they tend to spend more of their earnings on goods.

April 25, 2025
Government, Business, Logistics

Carney Says Canada Won’t Rush Trade Deal With Trump

“We don’t have to do a deal in the short term,” Carney told reporters April 24, as he campaigned in British Columbia ahead of the April 28 election. “My government will do the right deal.”

April 24, 2025
Government, Business, Technology, Equipment

Equipment: Truck Prices to Rise as Early as May Due to Tariffs

The latest on how the Trump administration's approach to tariffs is impacting OEMs in the trucking industry.    

April 24, 2025
Government, Business, Private

Walmart Amps Up Discounts to Lure Cost-Conscious Customers

Walmart Inc. is doubling down on discounts, a move to drum up demand and grow market share in the face of macroeconomic uncertainty.

April 24, 2025
Government, Business, Private

United Rentals May Benefit From Tariff Chaos

United Rentals Inc. could benefit from the unpredictability over tariffs as customers become weary of ownership.

April 24, 2025
Government, Business, Logistics

Trump Targets Chinese Cranes, Risking Burden for US Ports

Chinese cranes used at ports are the latest target of the Trump administration’s attempt to boost domestic manufacturing, even as no U.S. industry for the equipment exists.

April 24, 2025
Government, Business, Equipment

Trump Orders Truck Import Probe, Setting Stage for Tariffs

President Donald Trump’s administration started an investigation into the need for tariffs on imports of medium- and heavy-duty trucks and parts, an expansion of his trade war.

April 24, 2025
Government, Business

China Says There Are No Negotiations With US Over Tariffs

China on April 24 denied President Donald Trump’s assertion that the two sides were in active negotiations over tariffs, saying the suggestion was as groundless as “trying to catch the wind.”

April 24, 2025