“No,” President Donald Trump said when asked by a reporter if he is open to pulling back his 145% duties on Chinese imports to get the world’s second-largest economy to the negotiating table.
May 7, 2025GovernmentBusiness
China Agrees to Trade Talks With US
China announced a barrage of measures meant to counter the blow to its economy from U.S. President Donald Trump's trade war, as the two sides prepared for talks later this week.
May 7, 2025GovernmentBusinessTechnologyEquipmentFuel
Tariffs Force Rivian to Lower Annual Delivery Outlook
The company now expects to sell 40,000 to 46,000 battery-powered pickups, SUVs and delivery vans this year, it said May 6 while reporting first-quarter results.
May 6, 2025GovernmentBusinessLogistics
Trump Downplays Talks, Says US Will Dictate Tariff Terms
President Donald Trump indicated that he would strike a friendlier relationship with Canadian Prime Minister Mark Carney than the one he had with Justin Trudeau, whom Trump “didn’t like.”
May 6, 2025GovernmentBusiness
NYC Acts to Bar DOT From Denying Funds in Congestion Case
New York asked a judge to stop the Trump administration from withholding federal approvals or funds in the president’s push to end Manhattan’s congestion pricing program.
May 6, 2025BusinessEquipment
Ford Suspends 2025 Outlook Amid Trump Tariff Strain
The automaker expects the duties to reduce 2025 adjusted earnings before interest and taxes by about $1.5 billion on a net basis this year.
May 5, 2025GovernmentBusinessTechnologyLogistics
Tiny Logistics Firm’s Shares Surge on Plan to Buy Trump Coin
Freight Technologies of Houston announced it will hold President Donald Trump’s memecoin as a treasury asset, fueling its blistering stock rally.
May 5, 2025GovernmentBusinessLogistics
Congestion Pricing Fight With DOT at Impasse, New York Says
New York is poised to seek an immediate court order in its lawsuit to protect its congestion pricing program from the Trump administration's push to shut it down.
May 2, 2025GovernmentBusinessLogisticsGlobal Freight
Port Leaders Warn Tariffs to Bring ‘Radical Uncertainty’
Leaders of West Coast ports warned that a sharp drop in ship traffic tied to President Donald Trump’s tariffs on Chinese goods will threaten jobs, raise prices and ripple through the economy.
May 2, 2025GovernmentBusinessEquipment
Farm Machinery’s Slump Lingers as Tariffs Add Risks
Farmers are still delaying equipment purchases a President Donald Trump’s tariffs cloud demand for crops and risk further extending a yearslong slump in the sector.
May 1, 2025