Trucking stakeholders are raising alarm that U.S. implementation of tariffs on Mexico and Canada will harm American truckers, cause supply chain instability and hike prices for consumers.
February 3, 2025tariffs News Updates
New Tariffs Cause Concern Among Trucking Stakeholders
Trump Pauses Mexico, Canada Tariffs; China Plans in Place
WASHINGTON — President Donald Trump on Feb. 3 held off on his tariff threats against Mexico and Canada for 30 days after the two U.S. neighbors agreed to boost border security efforts.
February 3, 2025Mexico’s Sheinbaum Says Tariffs Delayed for One Month
Mexico President Claudia Sheinbaum said tariffs would be delayed for one month after a conversation with U.S. President Donald Trump on Feb. 3.
February 3, 2025China Renews Threat to Counter US Tariffs
TAIPEI, Taiwan — China has reiterated its threat to take “necessary countermeasures to defend its legitimate rights and interests” following the decision to impose 10% tariffs on China.
February 3, 2025Canada Retaliates on Tariffs; Mexico Response in Limbo
TORONTO — Canada and Mexico ordered retaliatory tariffs on American goods in response to sweeping tariffs imposed by President Donald Trump.
February 3, 2025Trump: Tariffs Could Cause 'Some Pain'
PALM BEACH, Fla. — President Donald Trump said Feb. 2 that Americans could feel “some pain” from the emerging trade war triggered by his tariffs against Canada, Mexico and China.
February 3, 2025Tariff Fears Hit Autos, Chipmakers, China-Exposed Stocks
The threat of tariffs has loomed large over U.S. equities. Investors and strategists warn that high levies can reignite inflation in the country, and in turn, weigh on stocks.
January 31, 2025Economists Race to Assess Trump’s Tariff Plans
The potential fallout depends on the specifics of what President Donald Trump announces. It also depends on how Canada and Mexico respond.
January 31, 2025White House Confirms Tariffs Set for Feb. 1
WASHINGTON — President Donald Trump will put in place 25% tariffs on imports from Canada and Mexico and 10% tariffs on goods from China effective Feb. 1, the White House said.
January 31, 2025Musk Fights Tariffs on Graphite From China
Elon Musk’s Tesla Inc. is spearheading an effort to block new tariffs on graphite imports from China, pitting Donald Trump’s richest backer against the president’s favorite economic tool.
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