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Trump’s Manufacturing Revival Faces Sharp Job Losses

Manufacturing payrolls fell for the fourth straight month in August, slipping by 12,000 from a month earlier, Bureau of Labor Statistics data released Sept. 5 showed.

September 5, 2025

Canada Launches $3.6 Billion Fund to Counter Tariff Damage

Mark Carney also said his government would waive 2026 model year vehicles from Canada’s zero-emission standard and review the overall mandate, confirming a Bloomberg News report.

September 5, 2025

UAW Presses Lutnick to Slap Tough Tariffs on Truck Imports

Tariffs under Section 232 of the Trade Expansion Act are already in place for steel and aluminum and have compelled truck makers to increase their prices.

September 5, 2025

475 Workers Detained in Hyundai Georgia Plant Raid

The raid focused on the battery plant construction site and agencies are investigating allegations of unlawful employment practices and other serious federal crimes.

September 5, 2025

Tariff Red Tape Hits Small Businesses Hardest

Smaller firms in particular are struggling to cope with unprecedented requirements to trace paper trails for every widget and gadget, showing what’s in them and where they came from.

September 5, 2025

Trump Signs Order Finalizing Japan Tariff Pact With 15% Rate

President Donald Trump signed an executive order Sept. 4 implementing his trade agreement with Japan, under which the U.S. will impose a maximum 15% tariff on most of its products.

September 4, 2025

Canada, US Explore Small Trade Agreements

Canada is facing tariffs on its steel, aluminum, auto and lumber exports, but minister Dominic LeBlanc didn't say whether quota limits in those sectors are part of the negotiations. 

September 4, 2025

Chinese Firms Fuel Europe’s New Warehouse Boom

The world’s two largest economies have yet to reach a trade deal, and manufacturers in China have been seeking alternative markets for their goods as they brace for higher U.S. tariffs.

September 4, 2025

Canada’s Exports Rise Despite Trump Tariffs

The country’s trade shortfall with the world was C$4.9 billion ($3.5 billion) in July, according to Statistics Canada data released Sept. 4.

September 4, 2025

Jobless Claims Rise to Highest Level Since June

Initial claims increased by 8,000 to 237,000 in the week ended Aug. 30. The median forecast in a Bloomberg survey of economists called for 230,000 applications.

September 4, 2025