tariffs News Updates

Government, Business, Fuel

Trump: Nations That Buy Venezuelan Oil Will Face 25% Tariff

WASHINGTON — President Donald Trump said he would be placing a 25% tariff on all imports from any country that buys oil or gas from Venezuela as well as imposing new tariffs on the country itself.

March 24, 2025
Government, Business, Equipment

Trump Hails Hyundai’s US Expansion as Tariff Vindication

President Donald Trump lauded plans by Hyundai to expand in the U.S., casting it as a vindication of his use of tariffs to pressure foreign manufacturers to create American jobs. 

March 24, 2025
Government, Business

Trump Plans Tariff ‘Liberation Day’ With More Targeted Push

President Donald Trump’s coming wave of tariffs is poised to be more targeted than the barrage he has occasionally threatened, aides and allies say.

March 24, 2025
Business, Logistics

Trucking Market Shows Signs of Recovery After Long Downturn

Trucking is emerging from a difficult period, and the headwinds that have plagued the industry are beginning to weaken as freight volumes improve and capacity leaves the market.

March 21, 2025
Government, Business, Logistics

France Backs Using EU’s Top Trade Tool Against US If Needed

The anti-coercion instrument, which is subject to a number of conditions and steps, would eventually allow the EU to deploy a broad range of retaliatory responses.

March 21, 2025
Government, Business, Logistics

China Cuts Back on Small Packages Shipped to US

Chinese companies cut back on the small packages they shipped to the U.S. last month, as President Donald Trump looks to close off the trade and impose tariffs on all imports from China.

March 21, 2025
Government, Business, Technology, Logistics

Trump Pressures Fed to Cut Rates as Tariff Concerns Grow

The public pushback on interest rates comes as the Trump White House tries to make its case for stiffer tariffs amid a mixed economic picture in the U.S.

March 20, 2025
Government, Business, Equipment

Tariff Variables Muddy Sales Outlook for Truck Makers

Executives at two of North America’s largest truck makers say questions over the impact of potential tariffs is muddying an already opaque outlook for U.S. Class 8 truck sales.

March 20, 2025
Government, Business, Logistics

Shifting Tariff Policies, Uncertainty Keep Carriers on Edge

Tariffs have the potential to impact trucking capacity, freight lanes, and new and used equipment costs, and uncertainty over what will happen is introducing new challenges for trucking.

March 20, 2025
Government, Business, Logistics, TCA

Cargo Numbers Increase in February at Port of Los Angeles

Cargo numbers continued to push higher at the Port of Los Angeles in February — but it came with some caution that the pace could slow by midyear due to tariffs and lower consumer confidence.

March 20, 2025