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Sheinbaum Aims to Calm China Tensions After Tariff Backlash

Mexican President Claudia Sheinbaum defended her push to slap new tariffs on Chinese imports, insisting she doesn't seek conflict with China but wants to protect domestic industry.

September 11, 2025

Tariff Revenue Rises but Deficit Soars to Third-Biggest Ever

Customs duties hit $30 billion last month, marking a 296% surge over August last year, the Treasury Department reported. At the same time, the monthly budget deficit came in at $345 billion.

September 11, 2025

ATA Touts Lawsuit Abuse Legislation

The Lawsuit Abuse Reduction Act is designed to mitigate the impact of lawsuits deemed frivolous as well as shield employers from defending against inordinate claims.

September 11, 2025

Hyundai Says Battery Plant Delayed After Immigration Raid

Hyundai CEO José Muñoz said in an interview Sept. 11 that the work was being set back by two to three months.

September 11, 2025

OPEC Still Sees Tight Oil Market Despite Supply Increases

OPEC and its partners will need to provide an average of 43.45 million barrels a day in the second half of this year, considerably more than the 42.4 million they pumped in August.

September 11, 2025

Inflation Worsened in August as Cost of Gas, Food Jumped

The reading is the last data the Federal Reserve will receive before its key meeting next week, when policymakers are widely expected to cut their short-term rate to about 4.1% from 4.3%.

September 11, 2025

Biofuel Shares Hit as Policy Speculation Stokes Demand Fears

Biofuel company shares dipped on fears that Trump administration policies may fall short of offsetting exemptions from mandates requiring refineries to blend renewable fuels into gas and diesel.

September 10, 2025

Congress Reviews Legislation to Improve Commercial Waterways

The Water Resources Development Act is credited with playing a vital economic role in guaranteeing efficiency along supply chains.

September 10, 2025

Mexico Plans Tariffs of 50% on Chinese Cars, Steel, Textiles

Mexico is looking to apply tariffs of as much as 50% on cars and auto parts, as well as steel and textiles from China and other countries with which it does not have a trade agreement.

September 10, 2025

Plane Waits to Take Detained Hyundai Workers to South Korea

More than 300 South Koreans were among about 475 workers detained during last week’s raid at the battery factory under construction on the campus of Hyundai’s auto plant west of Savannah.

September 10, 2025