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US, India Nearing Interim Tariff Deal Below 20%

India doesn’t expect to receive a tariff demand letter — unlike many other nations this week — and anticipates the trade arrangement will be announced through a statement.

July 11, 2025

Amazon Accused of Hiring Spree to Block Canadian Union Drive

Amazon ā€œbombardedā€ employees with messages that were generally anti-union, the labor body said, though the company said it was ā€œsimply providing facts.ā€

July 11, 2025

US Tariff-Driven Customs Receipts Top $100 Billion

The Treasury Department recorded $27 billion in customs-duties revenue for June, bringing fiscal year-to-date inflows from levies to $113 billion.

July 11, 2025

US Again Closes Border With Mexico to Livestock Imports

The U.S. has closed its southern border again to livestock imports, saying a flesh-eating parasite has moved farther north in Mexico than previously reported.

July 11, 2025

Performance Food Draws Takeover Interest From US Foods

Performance Food Group has attracted takeover interest from US Foods, a potential deal that would create a food distribution company with combined sales of roughly $100 billion.

July 11, 2025

Trump’s 50% Copper Tariff Could Rattle US Supply Chains

U.S. buyers of copper will pay a high price if President Donald Trump pushes ahead with a 50% tariff on refined metal as opposed to products such as wiring, according to producers and analysts.

July 10, 2025

Unilever Sells Venezuelan Ice Cream Unit to Mack de Venezuela

Unilever sold its Venezuelan ice cream business to truck dealer Mack de Venezuela, as a renewed bout of high inflation and political uncertainty hits the Andean nation’s private sector.

July 10, 2025

JPMorgan’s Jamie Dimon Flags Complacency on Tariff Threat

In the wide-ranging comments, Dimon also said he believes the Federal Reserve is likely to raise interest rates — even as the market indicates otherwise.

July 10, 2025

Geopolitical Chaos Continues to Roil Trucking Industry

The trucking industry is wrestling with an unclear market trajectory forged through a combination of chaotic geopolitical negotiations and enduring market weakness.

July 10, 2025

New FedEx Hub in Detroit Moves 12,000 Packages an Hour

FedEx recently opened a new facility on a sprawling piece of land at Detroit Metro Airport, loading it with new technology that helps move 12,000 packages an hour faster and more efficiently.Ā 

July 10, 2025