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The president's move followed the seizure by U.S. forces of an oil tanker off Venezuela’s coast, which followed a military buildup in the region as the U.S. ramps up pressure on leader Nicolás Maduro.

The Trump administration threatened retaliation against the European Union in response to efforts to tax American tech companies, singling out prominent firms.

President Trump's aggressive approach to trade policy, alongside other market disruptions, left trucking looking for clarity on a market recovery, investments and equipment.

“Apparently [China doesn't] want them, and I think the reason for that is they want semiconductor independence,” White House AI czar David Sacks said in an interview on Bloomberg Tech.

A unit of BP was the high bidder in a U.S. auction for oil and gas drilling rights in the Gulf of Mexico, the first sale held during President Donald Trump’s second term.

The Commerce Committee recently approved nominees for leadership roles in the secretary’s office and key safety agencies, setting up confirmation votes as early as this month.

Cattle prices won’t rise as much as previously expected in 2026, as the closure of a Tyson Foods plant is seen loosening competition for scarce U.S. supplies.

The world’s biggest farm machinery maker said in a statement to Bloomberg that it “has kept focus on supporting our customers and helping them build for the long haul.” 

“This is kind of a Band-Aid — we need more markets more than we need aid,” said Missouri farmer Marty Richardson, adding that he feels like 2026 will be just as bad as this year.

President Trump granted Nvidia, America’s most-valuable company, permission Dec. 9 to export its high-end H200 chip to China, watering down years of U.S. national security safeguards.