tariffs News Updates

Government, Business

Mexico Studies China Tariffs in Bid to Strike Trump Deal

Mexico is weighing possible levies on Chinese imports as it pushes for a deal to avoid the 25% tariffs that President Donald Trump has threatened to impose on its goods before a March deadline.

February 24, 2025
Government, Business, Logistics

Bank of Canada Sees Tariffs Wiping Out Growth for Years

While Bank of Canada Governor Tiff Macklem insists there’s a limit to a monetary policy response to a tariff war, he has a clear view of the damage it could have on the Canadian economy.

February 21, 2025
Government, Business

Trump’s Growing Focus on Tariffs Raises Odds of Trade War

President Donald Trump is focusing on the revenue his tariffs would generate as he seeks to get tax cuts through Congress, pointing to an ominous path for countries trying to avoid a trade war.

February 21, 2025
Government, Business, Technology, Equipment, Fuel

Rivian Reports Profit but Cuts 2025 EV Sales Forecast

Rivian Automotive said its electric-vehicle deliveries this year will fall short of Wall Street estimates as potential policy shifts in Washington threaten to further dampen EV demand.

February 20, 2025
Government, Business

Trump’s Canada Tariffs ‘Make No Sense,’ Says Trade Minister

President Donald Trump’s tariffs only make goods more expensive for Americans, said Canada’s Trade Minister Mary Ng, reiterating a vow to retaliate.

February 20, 2025
Government, Business, Logistics

EU Open to Cutting Tariffs to Avert US Trade War

The European Union is ready to discuss cutting tariffs on autos and other goods as it seeks to head off a trade war with the U.S., the bloc’s top trade official said Feb. 19 in Washington.

February 19, 2025
Government, Business, Logistics

Tariff Concerns Drive Record Imports at Port of Los Angeles

The busiest trade hub in the U.S. moved more containers last month than in any previous January, as importers rushed to bring in goods before President Donald Trump's potential tariff hikes.

February 19, 2025
Government, Business, Technology, Equipment

Japan Broaches Car Tariffs With US as Trump Threatens Hikes

Japan has raised the issue of auto tariffs with the U.S. after President Donald Trump threatened to impose a 25% levy on car imports, a move that would deliver a big blow to Japan’s economy.

February 19, 2025
Government, Business, Technology, Equipment, Safety, Logistics

Trump Signals 25% Tariffs on Auto, Tech, Drug Imports

President Donald Trump said he would likely impose tariffs on automobile, semiconductor and pharmaceutical imports of around 25%, with an announcement coming as soon as April 2.

February 18, 2025
Government, Business, Equipment, Logistics

Trump’s Latest Trade Move: Tariffs on Imported Cars

The move is the latest in a rapidly widening trade war as Trump delivers on his campaign pledges to institute sweeping tariffs on U.S. allies and rivals alike.

February 14, 2025