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Bessent Says Trump’s Trade Push Could Wrap by Labor Day

Treasury Secretary Scott Bessent said the administration’s agenda for trade agreements could get wrapped up by Labor Day, indicating some talks could extend past the July  9 deadline.

June 27, 2025

Key Inflation Gauge Rises as Americans Cut Back on Spending

A key inflation gauge moved higher in May in the latest sign that prices remain stubbornly elevated while Americans cut back on their spending.

June 27, 2025

Trump Announces US Signed China Trade Deal

Washington and Beijing have signed a trade agreement that will make it easier for U.S. firms to obtain magnets and rare earth minerals from China, Treasury Secretary Scott Bessent said June 27.

June 27, 2025

Canada Faces Steel Job Cuts as US Tariff Pressure Mounts

A group of Canadian steel producers said the government’s plan to restrict foreign steel imports isn’t strong enough and warned that the industry is set to shed thousands more jobs.

June 26, 2025

Mack, International Buy Environmental Credits From Nikola

Mack Trucks and International Motors were two of the three winners in an auction of environmental credits owned by bankrupt hydrogen fuel cell Class 8 truck maker Nikola, according to documents.

June 26, 2025

English Skills Tied to CMV Safety in Volpe Center Findings

The three-pronged study examined available data, observed commercial motor vehicle drivers during their regular schedules and included interviews with a wide range of stakeholders.

June 26, 2025

US Trade Partners Wary of Signing Deals

Tariff negotiations are running into roadblocks, as partners including Japan, India and the EU balk at signing deals without knowing how badly they’ll be hit by separate levies on exports.

June 26, 2025

Supply Chain Safeguards Would Receive Boost in DHS Bill

House funding leaders on June 24 approved a fiscal 2026 spending plan for homeland security programs meant to boost supply chain safety initiatives.

June 26, 2025

May Cargo Slips at Largest US Ports for First Time in Months

U.S. port activity softened in May as tariffs weighed on trade, ending months of gains at Los Angeles, Long Beach, Oakland and Seattle-Tacoma.

June 26, 2025

EU Firms Up Trade Strategy Ahead of Trump’s Tariff Deadline

EU leaders are set to debate their strategy in response to President Donald Trump’s trade war, with the choices coming down to accepting an unbalanced deal or risking escalation by striking back.

June 26, 2025