tariffs News Updates

Government, Business, Technology

Musk Fights Tariffs on Graphite From China

Elon Musk’s Tesla Inc. is spearheading an effort to block new tariffs on graphite imports from China, pitting Donald Trump’s richest backer against the president’s favorite economic tool.

January 31, 2025
Government, Business

Mexico Warns Trump 25% Tariffs Would Be ‘Strategic Mistake’

Mexico’s government told President Donald Trump that his plan to place 25% tariffs on its goods would be a mistake that raises costs for U.S. consumers.

January 31, 2025
Government, Business, Fuel

Exxon, Chevron Succumb to Oil-Refining Slump as Tariffs Loom

Profits for Exxon Mobil and Chevron were slammed by slumping fuel margins as the prospect of U.S. tariffs on two major oil suppliers threatens to make the refining business even worse.

January 31, 2025
Government, Business, Fuel, Logistics

Trump’s Potential Tariffs Are a Wild Card for US Economy

Tariffs that President Donald Trump plans to slap on imports from Canada and Mexico as soon as this weekend could drive up the price of  gasoline, pickup trucks, avocados and more.

January 31, 2025
Government, Business, Logistics

Trump: Tariffs on Canada, Mexico Still Set to Begin Feb. 1

President Donald Trump said his 25% tariffs on Canada and Mexico are coming on Feb. 1, but he’s still considering whether to include oil from those countries as part of his import taxes.

January 30, 2025
Government, Business, Fuel, Logistics

Tariff Doubts Send Oil Prices Lower Ahead of Fed Meeting

Oil fell below $73 a barrel after President Donald Trump’s pick for commerce secretary suggested tariffs on Canada and Mexico are not a done deal.

January 29, 2025
Government, Business

Mexico’s President Doesn’t Expect Trump’s Tariffs on Feb. 1

President Claudia Sheinbaum brushed off a question as to whether Mexico is expecting U.S. President Donald Trump to announce 25% tariffs on Mexican goods Feb. 1.

January 29, 2025
Government, Business, Logistics

Freeland: Canada Can Work With Trump to Challenge China

The Canadian candidate for prime minister said she believes Trump is smart and is threatening to impose tariffs on allies in part to pave the way for tougher policies on China.

January 28, 2025
Government, Business, Logistics

Canada’s Freeland Urges Nations to Unite Against US Tariffs

A candidate running to replace Justin Trudeau as Canada’s prime minister is calling for an international summit to develop a response to President Donald Trump’s economic threats.

January 27, 2025
Government, Business

Canada, Mexico Steelmakers Refuse New US Orders

Some steelmakers in Canada and Mexico are telling customers that they are refusing new orders to the U.S. on concerns that President Donald Trump soon will reimpose duties.

January 24, 2025