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US to Inflict 17% Tariff on Mexican Tomato Imports

The U.S. government withdrew from a long-standing trade agreement with Mexico governing tomato imports and will push forward with a new tariff of just over 17%.

July 15, 2025

Duffy Extends Marine Highway 848 Miles, Spurs River Economies

Kentucky’s barge business will benefit since three of its rivers now rank among four new marine highways designated by Transportation Secretary Sean Duffy.

July 14, 2025

Port of Los Angeles Experiences Busiest June on Record

The busiest trade hub in the U.S. saw container traffic rebound last month after a slump in May, as importers grapple with volatility driven by President Donald Trump’s trade war.

July 14, 2025

Lucid’s CEO Warns of Price Hikes Even for American-Made Cars

The head of Lucid Group warned that President Donald Trump’s tariffs will drive up costs to build automobiles — even in the U.S.

July 14, 2025

Trump Threatens Russia With 100% Tariffs Over Ukraine

President Donald Trump on July 14 threatened Russia with steep tariffs and announced a rejuvenated pipeline for American weapons to reach Ukraine.

July 14, 2025

Waymo Begins Self-Driving Taxi Tests in NYC

Waymo has begun testing its driverless rideshare service in New York City, but rides are not available to the general public. 

July 14, 2025

DTNA to Temporarily Lay Off 2,000 Production Plant Staff

Daimler Truck North America will lay off around 2,000 employees at five sites as the weak and uncertain freight market continues to take a toll on truck manufacturers.

July 14, 2025

Inflation Expected to Rise on Tariff Impact

Economists have long been warning of a tariff-driven boost to U.S. inflation. The next report on consumer prices will put their conviction to the test.

July 14, 2025

EU Trade Officials Plan Countermeasures to Trump's 30% Tariffs

EU trade ministers agreed July 14 that U.S. President Donald Trump's announcement of 30% tariffs on the European Union was “absolutely unacceptable," and they are studying a new set of countermeasures to respond to the move.

July 14, 2025

EU Delays Retaliatory Tariffs on US Goods

The European Union will suspend retaliatory tariffs on U.S. goods scheduled to take effect July 14 in hopes of reaching a trade deal with the Trump administration by the end of the month.

July 14, 2025