The deficit for the fiscal year was $1.78 trillion, down from $1.82 trillion in 2024, a drop of 2%, according to figures released by the Treasury Department Oct. 16.
October 16, 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 He May Attend Supreme Court Tariff Hearing
Presidential visits during oral arguments are rare, but President Trump considers this "one of the most important cases ever brought, because we will be defenseless," without tariffs.
October 16, 2025Canada May Sue Stellantis Over Jeep Production Shift
Industry Minister Melanie Joly would consider Stellantis in 鈥渄efault鈥 in light of federal and provincial government support extended to the automaker.
October 15, 2025Port of Los Angeles Sees Imports Drop in September
Volume is expected to slow in coming months as President Trump鈥檚 tariffs bite into profit margins and impact consumer prices, and uncertainty over the U.S.-China trade war increases.
October 15, 2025Trump, Milei Discuss Trade Deal at White House
The White House meeting came just days after the U.S. announced the $20 billion currency swap 鈥 meant to help shore up Argentina鈥檚 peso and calm financial markets in the South American nation.
October 14, 2025Kentucky 鈥 and Its Ford Plant 鈥 on Front Lines of Trade War
Sen. Rand Paul says constituents tell him "tariffs are killing the bourbon industry" and "the cargo transport industry."
October 14, 2025China Stands Firm, Calls on US to Withdraw 100% Tariff Threat
Chinese trade data released Oct. 13 showed exports to the U.S. have fallen for six straight months, dropping 27% in September from the year before.
October 14, 2025Trump Predicts China Will Resume Buying US Soybeans
President Donald Trump predicted China will resume purchases of American soybeans after he meets with Chinese President Xi Jinping later this month.
October 9, 2025Unpredictable Tariff Rules Rattle Supply Chain, Experts Say
鈥淭ariffs, I think, have taken most of the air out of the room this year,鈥 said Andrei Quinn-Barabanov, supply chain and risk management leader at Moody鈥檚.
October 9, 2025Logistics Leaders Urge Resilience as Costs Climb
CSCMP鈥檚 2025 State of Logistics Report found that annual expenditures associated with moving freight grew 5.4% year over year to $2.58 trillion in 2024 compared with 2023.
October 9, 2025Trending
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