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The U.S. trade deficit widened to a record in January as companies scrambled to secure goods from overseas before President Donald Trump imposed tariffs on the largest U.S. trading partners.

China's economy can weather higher tariffs imposed by President Donald Trump, the Chinese commerce minister said March 6, though he added that there are “no winners in a trade war.”

Iowa biodiesel plants are operating at minimum or completely stopping production amid uncertainty over the future of renewable fuel and tax credit policies.

“Mexico could put their own import tariffs on — that could reduce the U.S. freight advantage. It’s a matter of how fierce the trade war gets,” said Pat Boova.

President Donald Trump is granting a one-month exemption on his new tariffs on imports from Mexico and Canada for U.S. automakers, amid fears that the trade war could harm U.S. manufacturers.

Prime Minister Justin Trudeau is not open to lifting Canada’s full package of retaliatory tariffs if U.S. President Donald Trump leaves any tariffs on Canada in place.

The Department of Energy has given the OK for vessels to use liquefied natural gas as a fuel by withdrawing its past Biden-era order that created a roadblock for a small Florida company.

The Trump administration extended a permit for the Golden Pass liquefied natural gas export project co-owned by QatarEnergy LNG and Exxon Mobil Corp.

President Donald Trump is set to announce changes to the tariffs on Canada and Mexico, with potential relief for autos and other sectors, Commerce Secretary Howard Lutnick said March 5.

Global shipping executives gathered this week in Long Beach, Calif., for a major annual conference, then found themselves in crisis mode.