The move is the latest in a rapidly widening trade war as Trump delivers on his campaign pledges to institute sweeping tariffs on U.S. allies and rivals alike.
February 14, 2025Trucking Business News
Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.
Trump鈥檚 Energy Council Looks to Fast-Track Oil Projects
鈥淲e have more energy than any other country and now we are unleashing it,鈥 President Donald Trump said as he signed executive orders in the Oval Office on Feb. 14.
February 14, 2025ArcelorMittal to Build $1.2 Billion Alabama EV Steel Mill
Steel giant ArcelorMittal is investing $1.2 billion to build an Alabama mill slated to produce advanced steel by 2027 for hybrid and electric vehicle motors to feed into the U.S. supply chain.
February 14, 2025Aurora鈥檚 Driverless Trucks Prep for April Milestone
Come April, Aurora Innovation plans to pull the backup human driver from behind the wheel of one of its trucks, signifying commercial deployment.
February 14, 2025EPA Chief to Seek Return of $20B in Clean-Energy Grants
In a major reversal, EPA chief Lee Zeldin said he will try to rescind $20 billion in grants awarded by the Biden administration for climate and clean-energy projects.
February 14, 2025Taiwan Pledges More US Investment After Tariff Threats
Taiwan President Lai Ching-te said Feb. 14 he would communicate more with the U.S. over President Donald Trump鈥檚 concerns over the chip industry and invest more in the U.S.
February 14, 2025EU Commission Vows Firm and Swift Reaction to Tariffs
The European Union鈥檚 executive branch on Feb. 14 vowed to 鈥渢ake firm and immediate action鈥 against U.S. President Donald Trump鈥檚 imposition of tariffs on steel and aluminum.
February 14, 2025Trump Says Tariffs Are Saving US Steel
When asked what chief executive officers think about his recently announced steel and aluminum tariffs, Trump said they鈥檙e 鈥渋n love with them.鈥澛燯.S. Steel is 鈥渢hrough the roof,鈥 he said.
February 13, 2025Executive Order Aimed at Reducing Federal Regulations
President Donald Trump has issued an executive order to reduce regulations. The action could affect truck safety initiatives.
February 13, 2025Trending
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