Donald Trump Transportation News Updates

Government, Business, Technology

SoftBank to Invest $100 Billion in US After Trump Win

The plan includes a pledge to create 100,000 jobs focused on artificial intelligence and related infrastructure, including investments in data centers, semiconductors and energy.

December 16, 2024
Government, Business

Nippon Steel’s Growth Strategy Murky After Likely US Block

The bid for the once-fabled American company ran into a maelstrom of political opposition in the U.S. in the run-up to the presidential election.

December 16, 2024
Government, Business

Trump Considering Privatization for Struggling USPS

President-elect Donald Trump has discussed possibly overhauling the agency with Howard Lutnick, his commerce secretary nominee, and other transition officials, The Washington Post said.

December 16, 2024
Government, Business, Private

Agriculture Industry Talks With Trump Team on Immigration

The U.S. agriculture industry has started talks with Donald Trump’s transition team in a bid to advocate for the food business as the president-elect pledges tariffs and mass deportations.

December 13, 2024
Government, Business, Technology

Energy Department Pushes Out Technology Loan Funds

President Joe Biden’s $400 billion green bank has just weeks to close billions of dollars in deals to finance green technology before handing the keys to the Trump administration.

December 13, 2024
Government, Business, Technology

Trump’s Push to Eliminate EV Tax Credits Hits Red States

President-elect Donald Trump’s vow to repeal subsidies for electric vehicles risks pushing Republican congressional allies into conflict with their home-district economic interests.

December 12, 2024
Government, Business, Technology

Experts Call Trump’s Energy Tariff Plan ‘Hugely Destructive’

Charging 25% levies on oil and gas from Canada and Mexico would spike gasoline prices in the Midwest and raise electricity costs along both U.S. coasts.

December 12, 2024
Government, Business, Technology

Ontario Premier Issues Energy Warning Over Trump Tariffs

TORONTO — The premier of Canada’s most populous province said he will cut off energy to the United States if President-elect Donald Trump imposes sweeping tariffs on all Canadian products.

December 12, 2024
Government, Business, Technology, Autonomous

Tesla Shares Jump to Record Amid $515 Billion Rally

Tesla shares climbed to a record for the first time since November 2021, buoyed by optimism the company’s self-driving ambitions can get a boost under the forthcoming Trump administration.

December 11, 2024
Government, Business

Trudeau Says Canada ‘Will Respond’ if Trump Imposes Tariffs

Prime Minister Justin Trudeau said Canada “will respond†if U.S. President-elect Donald Trump imposes new tariffs on Canadian imports.

December 10, 2024