Cargo numbers continued to push higher at the Port of Los Angeles in February — but it came with some caution that the pace could slow by midyear due to tariffs and lower consumer confidence.
March 20, 2025tariffs News Updates
Cargo Numbers Increase in February at Port of Los Angeles
Canada Set for Snap Election With Trade War Rattling Economy
Canadian Prime Minister Mark Carney is set to call a national election within days, seeking a mandate from voters at a time when businesses have been shaken by a trade war with the U.S.
March 20, 2025EU Delays 50% Tariffs on US Whiskey, Allowing for More Talks
The European Union is delaying its proposed 50% tariff on American whiskey until mid-April, aligning them with broader countermeasures against U.S. steel and aluminum duties.
March 20, 2025Fed Stays the Course on Rates as Inflation Risks Grow
The Federal Open Market Committee voted to keep the benchmark federal funds rate in a range of 4.25%-4.5%, and said it would further slow the pace at which it is reducing its balance sheet.
March 19, 2025Tariff Threats Spur TSMC’s Taiwan Peers to Seek US Expansion
Taiwan companies including Foxconn have sprung to the vanguard of shifting manufacturing to the U.S.
March 19, 2025Stellantis Eyes Cheaper Ram 1500 for US Comeback
Returning a more affordable option for its top-selling truck would reverse a decision last year by former CEO Carlos Tavares to stop making the entry-level model.
March 18, 2025EU Seeks Talks With Trump Before Retaliatory Tariffs
The EU wants to engage with the U.S., Ireland's Deputy Prime Minister Simon Harris said. “We should do that rather than having further announcements and then trying to respond.â€
March 18, 2025Trump Tariffs to Raise Bar to Invest in US, JETRO Says
President Donald Trump’s tariff campaign is likely to worsen inflation and raise the bar for Japanese companies to invest in the U.S., says the chair of the Japan External Trade Organization.
March 18, 2025China Partially Renews US Meat Export Permits
China’s government has renewed export registrations for some U.S. meat plants whose eligibility was set to lapse, raising hopes that shipments won’t be disrupted.
March 17, 2025Trump’s Trade Team Debates Strategy for New Tariff Rollout
President Donald Trump’s top trade negotiator is attempting to inject order into new tariffs expected next month, after previous announcements roiled markets and fueled uncertainty.
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