The U.S. is poised to more than double duties on Canadian softwood lumber to 34.45%, putting more pressure on U.S. materials costs even before any new tariffs on the sector.
April 7, 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.
US Hits Canada Lumber With 34% Duties Even Before Tariffs
DOT Seeks Input on Cutting Transportation Regulations
President Donald Trump’s 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 Directs Security Panel to Review US Steel Deal
President Donald Trump ordered a review of the potential sale of U.S. Steel Corp. to Nippon Steel Corp., opening the door to amend a decision by his predecessor to block the transaction.
April 7, 2025Ancora Says Its US Steel Turnaround Plan Worth $75 a Share
Ancora Holdings Group has unveiled a turnaround plan for U.S. Steel that it estimates would deliver shareholders more than $75 per-share in value, if a takeover by Nippon Steel falls through.
April 7, 2025Ocean Shipping Industry Optimistic Going Into IMO Meeting
Governments from across the world gather in London this week to thrash out a landmark global carbon charge for the shipping industry. There’s optimism that Washington won’t derail the process.
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.
April 7, 2025Trade News: Port Fee Plans Could Upend Supply Chain
In addition to uncertainty around tariffs, other less-publicized issues are threatening to upend global supply chains. Â
April 4, 2025Carmakers Freeze Prices, Offer Discounts
Jeep maker Stellantis is offering fresh discounts across its brands while Hyundai pledged to hold prices steady until June 2 in a bid to ease fears that tariffs will make cars more expensive.
April 4, 2025Newsom Says California to Seek Tariff Exemptions From Allies
Gov. Gavin Newsom said he’s seeking exemptions for California-made products from retaliatory tariffs and wants to open talks with global allies over new trade relationships.
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