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Ford Expects Big Profit Drop as Trump Tariff, EV Threats Loom

Ford warned that profit may fall by $2 billion or more in 2025 on lower vehicle prices and costly new-model launches, adding to risks posed by potential new tariffs and dimming demand for plug-in cars.

February 6, 2025

Honda-Nissan Deal Thrown Into Doubt

Honda and Nissan called into question an agreement reached less than two months ago to consider combining, casting doubt on their efforts to form one of the world’s largest automakers.

February 5, 2025

Manufacturers Scramble Under Trump’s Looming Tariffs

Over a frantic 72 hours, President Donald Trump’s threat of punishing new tariffs on Canada, Mexico and China sent stocks and currencies tumbling and shock waves through world trade.

February 5, 2025

Tariff Impact Threatens Critical Trucking Sectors

The transportation sector is bracing for the possibility that a slew of new tariffs could soon hit some of its most critically important industries, according to experts.

February 4, 2025

China to Impose Tariffs on US Products, Including Oil

BEIJING — China countered President Donald Trump’s tariffs on Chinese products with tariffs on select U.S. imports Feb. 4, as well as announcing an antitrust investigation into Google.

February 4, 2025

New Tariffs Cause Concern Among Trucking Stakeholders

Trucking stakeholders are raising alarm that U.S. implementation of tariffs on Mexico and Canada will harm American truckers, cause supply chain instability and hike prices for consumers.

February 3, 2025

Trump Pauses Mexico, Canada Tariffs; China Plans in Place

WASHINGTON — President Donald Trump on Feb. 3 held off on his tariff threats against Mexico and Canada for 30 days after the two U.S. neighbors agreed to boost border security efforts.

February 3, 2025

Mexico’s Sheinbaum Says Tariffs Delayed for One Month

Mexico President Claudia Sheinbaum said tariffs would be delayed for one month after a conversation with U.S. President Donald Trump on Feb. 3.

February 3, 2025

China Renews Threat to Counter US Tariffs

TAIPEI, Taiwan — China has reiterated its threat to take “necessary countermeasures to defend its legitimate rights and interests” following the decision to impose 10% tariffs on China.

February 3, 2025

Canada Retaliates on Tariffs; Mexico Response in Limbo

TORONTO — Canada and Mexico ordered retaliatory tariffs on American goods in response to sweeping tariffs imposed by President Donald Trump.

February 3, 2025