North American Class 8 truck orders continued to trend below the previous year but did see a surprise sequential improvement during May, according to ACT Research.
June 5, 2025tariffs News Updates
Keep up with the latest insights into tariffs news with Transport Topics coverage. Our reporters are digging deep to find the most timely, relevant, and actionable information for everyone in logistics. Stay informed on US industry trends, canada tariff market shifts, and key developments that impact trucking and logistics professionals.
Trump Says US and China Will Resume Trade Talks
President Donald Trump said his conversation with Chinese leader Xi Jinping had a “very positive conclusion” on June 5, announcing that the two countries will hold trade talks.
June 5, 2025US Trade Deficit Narrows by Most on Record as Imports Plunge
The U.S. trade deficit narrowed in April by the most on record on the largest-ever plunge in imports, illustrating an abrupt end to the massive front-loading of goods by some companies.
June 5, 2025Trump Speaks With Xi Amid Stalled Tariff Talks
President Donald Trump and his Chinese counterpart, Xi Jinping, have spoken amid stalled negotiations between both countries over tariffs that have roiled global trade.
June 5, 2025Walmart Pledges Transparency on Prices After Rebuke From Trump
Walmart said it will continue to communicate the impact of tariffs with investors, consumers and policymakers after President Donald Trump criticized the retailer’s plans to raise prices.
June 5, 2025Mercedes, BMW, Others Step Up Response to China Export Curbs
Automakers in the U.S. and Europe raised concerns about China’s export controls on rare earth metals, as Beijing’s move threatens to disrupt global car production.
June 4, 2025Trump Gets Tentative Win From CBO Tax and Tariff Estimates
The CBO handed Republicans a major political talking point, with projections showing the possibility for tariffs to bring in more federal revenue than would be lost by Trump's tax cut plan.
June 4, 2025Canada Prime Minister Carney Holds Back on Tariff Retaliation
Prime Minister Mark Carney said Canada and the U.S. are in “intensive” talks about the countries’ relationship, explaining his decision not to respond yet to doubled steel and aluminum tariffs.
June 4, 2025Mexico Will Ask US Government for Steel Tariff Exemption
Mexico will ask President Donald Trump’s administration on June 6 to be exempted from an increase in steel tariffs to 50%, the country’s economy minister said.
June 4, 2025UK Gets Reprieve on Steel Tariff
The U.K.has a new five-week deadline to finalize its trade agreement with the U.S. after President Donald Trump spared the country’s steel and aluminum exports from a doubling of tariffs.
June 4, 2025Trending
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