President Donald Trump’s latest threat to raise tariffs on Chinese goods puts vital intermediate equipment and everyday consumer goods used by millions of Americans back into the cross-hairs.
May 8, 2019Search
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Tariffs Could Lead Polaris Snowmobile Maker to Mexico
Scott Wine jokes that he doesn’t want to have to start building snowmobiles in sweltering Mexico. But the Polaris CEO is dead serious about the unintended consequences that higher U.S. tariffs on Chinese goods will have on Polaris Industries Inc. — including forcing him to consider moving jobs to Mexico.
May 8, 2019Smooth Cross-Border Operations Hinge on Trade Agreement
SCOTTSDALE, Ariz. — Ratification of the United States-Mexico-Canada Agreement, which is the proposed replacement for the North American Free Trade Agreement, is critical to uninterrupted, timely border crossings, trucking executives said here during American Trucking Associations’ Mid-Year Management Meeting.
May 8, 2019Infrastructure Week Shines Spotlight on Resilience, Modernization
After recent hurricanes destroyed transportation corridors in the Southeast part of the country, Puerto Rico and the U.S. Virgin Islands, Democrats on Capitol Hill ramped up their calls for rebuilding infrastructure that would be far more resilient.
May 8, 2019China Prepares Retaliatory Tariffs as Chief Negotiator Heads to US
China’s top trade negotiator Liu He will travel to the United States this week for high-stakes talks as prospects dimmed for maintaining a fragile truce after President Donald Trump threatened to raise tariffs on Chinese goods starting May 10.
May 7, 2019Mexico Border Delays Seen Weighing on US Investment, Factories
More cargo from Mexico to the United States is being held up at the border, accompanied by increasing evidence that such delays are dimming prospects for American companies.
May 7, 2019Grain Markets Dive to 42-Year Low After Trump’s Trade Tweets
Soybean and corn futures slumped after tweets from Donald Trump that threaten an escalation of the U.S.-China trade war, frustrating battered American producers hoping for a quick resolution.
May 7, 2019Trump’s Tariffs on Chinese Electric Cars Seen Likely to Last
With China bent on dominating the future of electric vehicles, President Donald Trump is likely to erect trade barriers targeting that technology in the form of stiff new tariffs that will have staying power, according to a consultant on the country’s auto market.
May 7, 2019Lawmakers Introduce Bill to Repeal Federal Excise Tax on New Trucks
Two members of the U.S. House of Representatives recently introduced legislation aimed at repealing the 12% federal excise tax on certain heavy-duty trucks, tractors and trailers.
May 7, 2019FMCSA’s Meal, Rest Break Ruling Withstands First Court Challenge
A California court has dismissed a truck driver’s claims regarding the state’s meal-and-rest-break provisions, which the Federal Motor Carrier Safety Administration has determined are pre-empted by federal law.
May 6, 2019