tariffs News Updates

Government, Business

China Slaps Extra Tariffs on Major US Farm Imports

China responded to new U.S. tariffs by announcing March 4 it will impose additional tariffs of up to 15% on imports of key U.S. farm products, including chicken, pork, soy and beef.

March 4, 2025
Government, Business

Mexico Follows China and Canada With Retaliatory Tariffs

Mexico President Claudia Sheinbaum said March 4 that Mexico will respond to 25% tariffs imposed by the United States with its own retaliatory tariffs on U.S. goods.

March 4, 2025
Government, Business

Trump’s Tariffs Against Canada and Mexico Go Into Effect

President Donald Trump’s long-threatened tariffs against Canada and Mexico went into effect March 4, putting global markets on edge and setting up costly retaliations by North American allies.

March 4, 2025
Government, Business, Technology, Equipment, Fuel

Canada Responds, Puts Tariffs on $107 Billion of US Products

Canada announced a package of counter-tariffs against U.S. products after President Donald Trump confirmed that his administration will go ahead with levies against Canada and Mexico.

March 4, 2025
Government, Business, Equipment, Logistics

Trump Says Tariffs on Foreign Farm Goods Start April 2

The president did not clarify if this plan is part of a previously announced effort to enact so-called “reciprocal” tariffs on nearly all U.S. trading partners.

March 3, 2025
Government, Business, Safety, Logistics

Lumber Futures Surge on US Probe Into Import Dumping

Lumber futures rose to the highest in more than two and a half years after President Donald Trump ordered an investigation into shipments of the commodity into the U.S.

March 3, 2025
Government, Business, Technology, Equipment, Logistics

Tariffs Could Raise US Car Prices by Up to $12,000

Tariffs of 25% on imports from Canada and Mexico threaten to exacerbate an automotive affordability crisis that is already driving buyers out of the market.

March 3, 2025
Government, Business, Equipment

Tariffs and Rising Costs Challenge US Factories

The Institute for Supply Management’s manufacturing index slipped by 0.6 point in February to 50.3, according to data released March 3. Readings above 50 indicate growth.

March 3, 2025
Government, Business, Technology, Equipment, Logistics

Trump Set to Proceed With Tariffs on Canada, Mexico, China

The long-promised tariffs scheduled to take effect March 4 would easily be among the most sweeping of the Trump era, applying to roughly $1.5 trillion in annual imports.

March 3, 2025
Government, Business, Private, Top 100

Walmart CEO: Food Prices Are Causing ‘Frustration and Pain’

The CEO of Walmart Inc. said American consumers are showing signs of stress as food prices remain stubbornly high.

February 28, 2025