Donald Trump Transportation News Updates

Government, Business

Canada Says Most Tariffs on US Remain, Contradicting Report

Canada’s finance minister said the government kept 25% retaliatory tariffs on U.S. goods, disputing an Oxford Economics report that suggested it had paused the vast majority of those levies.

May 19, 2025
Business, Equipment

Deere Swells to Record on Optimism for Farm Economy

Deere & Co. jumped to a record after earnings beat the highest of analyst estimates, even as the world’s largest farm machinery maker trimmed its profit outlook for the year.

May 15, 2025
Government, Business, Equipment

Japanese Carmakers Face $19 Billion Hit From Trump’s Tariffs

Japan’s biggest carmakers are looking at a hit of more than $19 billion from President Donald Trump’s tariffs that have left the global auto industry reeling.

May 14, 2025
Government, Business

Canada’s New Tariffs on US Drop to ‘Nearly Zero’

Canada has effectively suspended almost all of its retaliatory tariffs on U.S. products, tamping down inflation risks and improving its growth outlook, according to Oxford Economics.

May 14, 2025
Government, Business, Logistics

US-China Tariffs Deal Eases Burden on Inexpensive Packages

Online U.S. shoppers will see a price break on their purchases valued at less than $800 and shipped from China after the Trump administration reached a truce with Beijing over tariffs.

May 14, 2025
Government, Business, Fuel

Saudi Aramco to Spend $3.4B on Motiva Refinery in Texas

Saudi Aramco plans to spend $3.4 billion on its Motiva refinery in Texas, the largest fuelmaking plant in the U.S.

May 13, 2025
Government, Business, Technology, Fuel

GOP Wants to Phase Out Biden EV Credits to Pay for Tax Cuts

House Republicans are proposing to eliminate a tax credit for electric vehicles and phase out incentives for the production of clean energy to help pay for President Donald Trump’s massive tax package.

May 13, 2025
Government, Business, Global Freight

US Businesses Relieved Over Tariff Pause but Still Anxious

American businesses that rely on Chinese goods reacted with muted relief May 12 after the U.S. and China agreed to pause their exorbitant tariffs on each other’s products for 90 days.

May 12, 2025
Government, Business, Global Freight

French Shipping Giant CMA CGM Hails US-China Deal

Rodolphe Saade, CEO of CMA CGM SA, hailed a truce in the trade war between Washington and Beijing.

May 12, 2025
Government, Business

US Tariff Revenue Jumps in April Before China De-Escalation

The U.S. collected a record amount of revenue from tariffs in April, helping to limit a further widening of the budget deficit.

May 12, 2025