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Caterpillar expects slightly lower sales this year if Trump administration tariffs remain in place and the economy dips into a recession in the second half.

American businesses are canceling orders from China, postponing expansion plans and hunkering down to see what trade policy surprises President Donald Trump plans to spring on them next.

The U.S. economy shrank 0.3% from January through March, first drop in three years. It was slowed by a surge in imports as companies in the United States tried to bring in foreign goods before President Donald Trump imposed massive tariffs.

President Donald Trump signed an executive order easing the impact of his auto tariffs, yielding to weeks of intense lobbying from automakers, parts suppliers and car dealers.

Lawmakers are funding the $1 million pilot project led by the state's Department of Transportation in partnership with the State Patrol and Washington Traffic Safety Commission.

“If successful,” Rep. Sam Graves (R-Mo.) explained, “these new user fees would represent the first new funding streams into the Highway Trust Fund in more than 30 years.”

The innovation of alternative fuels is poised to move forward, said Cummins CEO Jennifer Rumsey, despite uncertainty around regulations, incentives and trade policies.

The U.S. merchandise-trade deficit unexpectedly widened in March to a record as companies continued importing goods to get ahead of tariffs, indicating a large hit to the economy in Q1.

A federal jury in San Francisco has handed down a unanimous verdict clearing Motive Technologies of allegations it copied patents owned by technology developer Omnitracs.

Market observers say fleets can expect more replacement tire price hikes in the coming weeks and months as tariffs on rubber imports are passed through to customers.