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The spike in July was due to traders rushing to front-load their cargo to be able to reach U.S. stores before Trump’s import duties take effect, said Executive Director Gene Seroka.

The Panama Canal is planning to enter the ports business with a tender for two terminals, a move that comes amid a high-profile clash between the U.S. and China over the waterway.

Bankrupt canned fruit company Del Monte Foods won court permission to hold an auction of its assets after giving potential bidders more time to make an offer.

Trump’s imposition of 25% tariffs on foreign vehicles has disrupted the long-standing system that mostly allowed the free flow of vehicles and parts across the three North American countries.

Daimler, International, Paccar and Volvo Group are suing the California Air Resources Board on grounds that federal actions vacated the state’s efforts to enforce its own emissions rules.

An affiliate of Coastal Group has opened a $41.8 million cold storage facility in its home state, at a site that’s being touted as sitting within a 10-hour drive of most of the U.S. population.

“I hope China will quickly quadruple its soybean orders. This is also a way of substantially reducing China’s Trade Deficit with the USA,” President Trump wrote on Truth Social.

The drop in U.S. travel underscores Canadians’ resentment toward their southern neighbor, who is their biggest trading partner and was once their favorite vacation destination. 

Shorting Maersk stock during a global trade war may seem like a sure bet. But investors who’ve loaded up on the trade since April have so far only been handed big losses.

The shift in fortunes began during President Donald Trump’s trade war with China in his first term, with the initial annual deficits recorded in 2019 and 2020.