tariffs News Updates

Government, Business, Equipment, Logistics

Trump Says Tariffs on Foreign Farm Goods Start April 2

The president did not clarify if this plan is part of a previously announced effort to enact so-called ā€œreciprocalā€ tariffs on nearly all U.S. trading partners.

March 3, 2025
Government, Business, Safety, Logistics

Lumber Futures Surge on US Probe Into Import Dumping

Lumber futures rose to the highest in more than two and a half years after President Donald Trump ordered an investigation into shipments of the commodity into the U.S.

March 3, 2025
Government, Business, Technology, Equipment, Logistics

Tariffs Could Raise US Car Prices by Up to $12,000

Tariffs of 25% on imports from Canada and Mexico threaten to exacerbate an automotive affordability crisis that is already driving buyers out of the market.

March 3, 2025
Government, Business, Equipment

Tariffs and Rising Costs Challenge US Factories

The Institute for Supply Management’s manufacturing index slipped by 0.6 point in February to 50.3, according to data released March 3. Readings above 50 indicate growth.

March 3, 2025
Government, Business, Technology, Equipment, Logistics

Trump Set to Proceed With Tariffs on Canada, Mexico, China

The long-promised tariffs scheduled to take effect March 4 would easily be among the most sweeping of the Trump era, applying to roughly $1.5 trillion in annual imports.

March 3, 2025
Government, Business, Private, Top 100

Walmart CEO: Food Prices Are Causing ā€˜Frustration and Pain’

The CEO of Walmart Inc. said American consumers are showing signs of stress as food prices remain stubbornly high.

February 28, 2025
Government, Business

Mexico Open to New Tariffs on China to Avoid Trump Duties

U.S. Treasury Secretary Scott Bessent said Mexico has proposed matching Washington’s tariffs on China and urged Canada to do the same.

February 28, 2025
Government, Business

Looming Trump Tariffs Raise US Steel Costs

President Donald Trump’s threatened steel tariffs that don’t kick in for two weeks are impacting U.S. buyers who already are seeing American-made metal cost more than imports.

February 28, 2025
Government, Business

Doug Ford Re-Elected as Ontario’s Premier

Ontario Premier Doug Ford won re-election to lead Canada’s most populous province on Feb. 27, giving him the mandate he wanted to fight tariffs threatened by U.S. President Donald Trump.

February 28, 2025
Government, Business, Logistics

US Ports Experience Strong Start to 2025

The Port of Long Beach reported its strongest January on record,Ā largely driven by retailers moving cargo ahead of the anticipated tariffs on goods from China, Mexico and Canada.

February 27, 2025