WASHINGTON — President Donald Trump will put in place 25% tariffs on imports from Canada and Mexico and 10% tariffs on goods from China effective Feb. 1, the White House said.
January 31, 2025Government, Business, Equipment, Fuel, Logistics
White House Confirms Tariffs Set for Feb. 1
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, 2025Government, 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, 2025Business, Technology, Equipment, Safety, Fuel, Autonomous
Tesla Completes Wall, Roof Construction at Semi Factory
Tesla’s previously announced production timeline for the Semi remains on schedule, with the first tractors expected to be built by the end of the year and manufacturing ramping up in 2026.
January 30, 2025Government, Business, Technology, Equipment, Fuel
Changes Coming for Car and Pickup Fuel Efficiency
DETROIT — Hours after being sworn in as the new Secretary of Transportation, Sean Duffy took aim at the main way the federal government regulates miles per gallon for cars and pickup trucks.
January 30, 2025Government, Business, Technology, Fuel
GOP Energy Coalition Pushes ‘All-of-the-Above’ Strategy
Two of Donald Trump’s former Cabinet secretaries are outlining a vision for American energy dominance that embraces all forms of power production — even sources Trump has ridiculed.
January 30, 2025Government, Business, Technology, Safety, Fuel
Senate Confirms Lee Zeldin as EPA Chief in 56-42 Vote
Zeldin will help President Donald Trump fulfill his pledge to roll back major environmental regulations, including those aimed at slowing climate change and encouraging use of EVs.
January 29, 2025Government, Business, Technology, Equipment, Safety, Fuel
Tesla’s Market Value Surges Despite EV Demand Concerns
The vehicle maker's shares have nearly doubled in value since the last time it reported earnings. But its car-selling business has become a sideshow to Elon Musk’s political prominence.
January 29, 2025Government, 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, 2025Business, Technology, Equipment, Fuel
ZM Trucks to Launch US Production in California in 2025
The company, a subsidiary of ZO Motors, plans to manufacture zero-emission commercial vehicles at the new 210,000-square-foot plant, starting in the first half of 2025.
January 29, 2025