President Donald Trump threatened additional tariffs of 50% on China on April 7, raising fresh concerns that his drive to rebalance the global economy could lead to a trade war.
April 7, 2025Search
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Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Trump Directs Security Panel to Review US Steel Deal
President Donald Trump ordered a review of the potential sale of U.S. Steel Corp. to Nippon Steel Corp., opening the door to amend a decision by his predecessor to block the transaction.
April 7, 2025Ancora Says Its US Steel Turnaround Plan Worth $75 a Share
Ancora Holdings Group has unveiled a turnaround plan for U.S. Steel that it estimates would deliver shareholders more than $75 per-share in value, if a takeover by Nippon Steel falls through.
April 7, 2025Ocean Shipping Industry Optimistic Going Into IMO Meeting
Governments from across the world gather in London this week to thrash out a landmark global carbon charge for the shipping industry.ÌýThere’s optimism that Washington won’t derail the process.
April 7, 2025Trump Digs In His Heels on Tariffs
President Donald Trump remained defiant on April 7 as global markets continued plunging and fears of a recession grew after his tariff announcement last week.
April 7, 2025Trade News: Port Fee Plans Could Upend Supply Chain
In addition to uncertainty around tariffs, other less-publicized issues are threatening to upend global supply chains.Ìý
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April 4, 2025Carmakers Freeze Prices, Offer Discounts
Jeep maker Stellantis is offering fresh discounts across its brands while Hyundai pledged to hold prices steady until June 2 in a bid to ease fears that tariffs will make cars more expensive.
April 4, 2025USDA Releases $537M for Biofuel Infrastructure Projects
USDA will release nearly $260 million in new funds among a pot of $537 million in biofuel grants for 543 ethanol and biodiesel projects in 29 states.
April 4, 2025Newsom Says California to Seek Tariff Exemptions From Allies
Gov. Gavin Newsom said he’s seeking exemptions for California-made products from retaliatory tariffs and wants to open talks with global allies over new trade relationships.
April 4, 2025Nissan Halts US Orders for SUVs Built in Mexico
Nissan Motor decided to stop selling a pair of Mexican-built Infiniti SUVs in the U.S. market, in response to President Donald Trump’s sweeping tariffs on car imports.
April 4, 2025