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Crude prices jumped after the sanctions announcement, but market reaction has been muted amid confusion over just how seriously the White House would enforce the new measures.

The Conference Board’s gauge decreased 1 point to 94.6, the lowest since April, data out Oct. 28 showed. The median estimate in a Bloomberg survey of economists called for a reading of 93.4.

ATA President Chris Spear emphasized the federation's active role in this year’s regulatory changes, including in a meeting with then-presidential candidate Donald Trump last summer.

“We have achieved our goal, to make sure that conversation starts with the American people, and with their elected officials, and my goodness, it’s started all right,” Ontario Premier Doug Ford said.

Trump had set a Nov. 1 deadline to raise the fentanyl-related tariffs he imposed on certain Mexican goods to 30% from 25%. The levies apply to products that are not protected by the USMCA.

Agricultural trade was among a range of issues that American and Chinese negotiators said they came to terms on, setting the table for leaders Donald Trump and Xi Jinping to finalize a deal.

An idea floated by Japan’s government to buy a fleet of Ford F-150 trucks is a meaningful gesture that may also be impractical given the narrow streets in Tokyo and other Japanese cities.

Any agreement would be a relief to international markets even if it does not address underlying issues involving manufacturing imbalances and access to state-of-the-art computer chips.

The 2025 ATRI Top Industry Issues report, released Oct. 26, found that the economy was the top concern among industry stakeholders for the third year in a row.

Canadian Prime Minister Mark Carney said his country is prepared to resume trade talks “when the Americans are ready,” hours after U.S. President Donald Trump halted negotiations.