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Canada Weighs Stronger Tariffs on Foreign Steel

“We cannot accept any form of unfair practices from different countries when it comes to our Canadian market. That’s enough,†Industry Minister Melanie Joly told reporters on June 11.

June 11, 2025

Tariff Revenue Hits Record $23 Billion in May

U.S. customs duties climbed to a record in May, helping shrink the budget deficit for the month, while doubts remain about the persistence of the inflows.

June 11, 2025

Senate Panel Approves FHWA Administrator Nominee McMaster

A Senate committee on June 11 approved the nomination of Sean McMaster to become administrator of the Federal Highway Administration.

June 11, 2025

Export Controls Now on the Table in China Trade Talks

At the heart of the policy shift is China’s stranglehold over rare earths and its decision to restrict supply to American manufacturers reliant on the key inputs.

June 11, 2025

Auto Parts Supplier Marelli Blames Tariffs for Bankruptcy

Marelli Holdings filed bankruptcy in the U.S., saying its latest debt-cutting effort was prompted by tariffs.

June 11, 2025

EU Sees US Trade Talks Extending Beyond July Deadline

The European Union believes trade negotiations with the U.S. could extend beyond President Donald Trump’s July 9 deadline, even as the speed of the talks has increased over the past week.

June 11, 2025

Trump Tariffs Can Stay in Effect Longer, Appeals Court Says

President Donald Trump can continue to enforce his global tariffs for now, a federal appeals court held in a win for the president on one of his signature economic policies.

June 11, 2025

Inflation Up Slightly in May as Grocery Prices Ticked Higher

U.S. inflation picked up a bit last month as food costs rose, though overall inflation remained mostly tame. Consumer prices increased 2.4% in May compared with a year ago.

June 11, 2025

GM to Invest $4B to Shift Some Production From Mexico to US

GM announced plans to invest $4 billion to shift some production from Mexico to U.S. manufacturing plants as the automaker navigates tariffs that could drive prices higher.

June 11, 2025

Musk Moves Tesla’s Robotaxi Launch ‘Tentatively’ to June 22

Elon Musk says Tesla is “tentatively†set to begin providing robotaxi service in Austin, Texas, on June 22.

June 11, 2025