The springtime surge in U.S. auto sales landed with a thud in June, setting up a slowdown in the months ahead as carmakers digest tariffs on auto imports and consumers find fewer deals.
July 1, 2025Latest News Updates From Bloomberg News
US Trade Partners Wary of Signing Deals
Tariff negotiations are running into roadblocks, as partners including Japan, India and the EU balk at signing deals without knowing how badly they’ll be hit by separate levies on exports.
June 26, 2025EU Firms Up Trade Strategy Ahead of Trump’s Tariff Deadline
EU leaders are set to debate their strategy in response to President Donald Trump’s trade war, with the choices coming down to accepting an unbalanced deal or risking escalation by striking back.
June 26, 2025Tanker Rates Soar to Highest Since 2023 After US Bombs Iran
Tanker rates extended gains as tensions in the Middle East ratchet higher, with shipowners demanding bigger fees to call at ports in the Persian Gulf after the U.S. launched strikes on Iran.
June 23, 2025Small-Parcel Shipments From China to US Fall 40% on Tariffs
U.S. tariff hikes on small packages from China triggered a slump in shipments last month, contributing to a huge drop in bilateral trade and roiling exporters like Shein and Temu.
June 20, 2025Fuel Tanker Rates Soar Over Israel-Iran Conflict
The cost of hauling refined oil out of the Middle East surged on June 17 as shippers reacted to the conflict between Israel and Iran.
June 17, 2025Air Taxi Firm Archer Sees More Defense Demand in Short Term
Electric aircraft maker Archer Aviation expects its defense-related sales to outstrip commercial air taxis in the short term.
June 16, 2025Oil Shippers Pause Offers of Vessels to Middle East
Some oil tanker owners and managers have paused offering their vessels for Middle Eastern routes since June 13 as they assess the risks from Israel’s conflict with Iran.
June 16, 2025Israel-Iran Clash Revives $100-a-Barrel Oil Fears
The barrage of headlines has revived memories of the political upheavals and price spikes of the 1970s — and yet even when oil prices have jumped, it inevitably proved short-lived.
June 13, 2025Oil Tanker Market Roiled by Israeli Airstrikes Against Iran
Israel’s airstrikes on Iran drove up freight rates and tanker stocks June 13 as traders and investors priced in the prospect of disruption to a large swath of the global oil-shipping fleet.
June 13, 2025Trending
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