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No New Tariffs for Canada, Mexico Under Trump Update

President Donald Trump’s sudden change to tariff policy on April 9 won’t affect the rates that currently apply to Canadian and Mexican products, according to a White House official.

April 9, 2025

Hill Republicans Escalate Pushback on Biden-Era EV Guidance

Congressional Republicans have ramped up their opposition to Biden-era guidance designed to promote electric vehicles at the expense of those powered by fossil fuels.

April 10, 2025

US-China Trade War Intensifies With No End in Sight

On April 9, Trump ratcheted up pressure on China, raising the import duty to 125%, even as he announced a 90-day pause on reciprocal tariffs for dozens of other trade partners.

April 9, 2025

Trump Pauses Tariffs on Most Nations for 90 Days

Facing a global market meltdown, President Donald Trump on April 9 abruptly backed down on his tariffs on most nations for 90 days, but raised his tax rate on Chinese imports to 125%.

April 9, 2025

Ohio Truckers Land Wins in $11 Billion Transportation Budget

Ohio Gov. Mike DeWine signed a transportation bill allocating a two-year, $11 billion budget, including funds championed by the state trucking association, for new truck parking spaces.

April 9, 2025

Walmart to Absorb Tariff Hikes to Keep Prices Low

As tariff-spooked shoppers begin pulling back on spending, Walmart is prepping for a worsening economy by using its massive footprint to keep prices low and hunt for ways to take market share.

April 9, 2025

EU Adopts Tariffs on $23 Billion of US Goods in Metals Fight

The European Union approved tariffs to hit around $23.2 billion of U.S. goods in retaliation for the 25% duties President Donald Trump imposed last month on steel and aluminum exports.

April 9, 2025

US Exits Talks on Carbon Cutting Goal for Ships

The U.S. abandoned global talks aimed at cutting shipping’s carbon emissions and threatened to counter against any fees that the country’s merchant fleet incurs if the initiative proceeds.

April 9, 2025

China Raises Its Retaliatory Tariff on US to 84%

China again vowed to “fight to the end” April 9 in an escalating trade war with the U.S. as it announced it would raise tariffs on American goods to 84% from April 10.

April 9, 2025

Tariff Fears Drive Surge in Consumer Spending

Trump’s tariffs are rattling U.S. consumers, who are stocking up on everything from cars to olive oil and iPhones. The behavior offers some good news for scrambling businesses.

April 8, 2025