Donald Trump’s threat of 25% tariffs on Mexico and Canada would cost the U.S. economy as many as 400,000 jobs and increase prices for American consumers, according to the Mexican government.
November 27, 2024Search
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European Markets Slide on Trump’s Trade War Warning
Trump's threat to hit Canada, China and Mexico with tariffs because of the flow of illegal drugs and migrants into the U.S. sent European stocks lower.
November 27, 2024Trump’s Trade Pick Pushes Strategic Decoupling From China
Jamieson Greer, who’s been nominated as the U.S. trade representative, played a key role in imposing tariffs on China during Trump’s first term.
November 27, 2024Tariff Concerns Propel Chinese Exports to Record Heights
China's export growth will accelerate to 7% in the final three months from the same period last year, according to the median forecast of analysts surveyed by Bloomberg Nov. 15-21.
November 25, 2024With I-40 Closed, Truckers Find Mountain Roads Tricky
The closure of Interstate 40 through the Pigeon River Gorge after Hurricane Helene has created challenges for some tractor-trailer drivers going between North Carolina and Tennessee.
November 22, 2024EU Prepares Two-Track Plan for Trump Trade Ties
The EU is exploring potential areas for deeper cooperation with the U.S., such as increased liquefied natural gas imports and closer alignment on addressing China’s trade practices.
November 21, 2024Port Traffic Surging as Companies Rush to Beat Tariffs
Imports at the Port of Los Angeles last month totaled 462,740 20-foot-equivalent units, or TEUs. The port also handled 122,716 export containers and 319,570 empty containers in October.
November 20, 2024Nebraska Finishes US 275 Section on Eastern Freight Route
The Nebraska Department of Transportation has been working to improve the U.S. 275 corridor in segments for many years. So far, about 70% has been completed, according to NDOT.
November 19, 2024Manhattan Trucks Face $14.40 Toll as Congestion Plan Begins
The Metropolitan Transportation Authority approved a revised congestion pricing plan for Manhattan that President-elect Donald Trump has threatened to terminate once he takes office.
November 18, 2024GXO Plans 400 More Layoffs This Year
GREENWICH, Conn. — GXO Logistics this year has laid off more than 500 employees in the U.S., while it plans to cut nearly 400 more positions across two sites, according to public records.
November 15, 2024