The deficit for the fiscal year was $1.78 trillion, down from $1.82 trillion in 2024, a drop of 2%, according to figures released by the Treasury Department Oct. 16.
October 16, 2025Donald Trump Transportation News Updates
Transport Topics provides the latest news and insights into Trump-related logistics news. Whether you're tracking emerging opportunities or monitoring changes in regulations or tariffs, our updates ensure you remain ahead in the industry.
Trump Says He May Attend Supreme Court Tariff Hearing
Presidential visits during oral arguments are rare, but President Trump considers this "one of the most important cases ever brought, because we will be defenseless," without tariffs.
October 16, 2025Trump Says India Will Halt Russian Oil Imports
The change, which has not been confirmed by the Indian government, would boost Trump's efforts to pressure Moscow to negotiate an end to the war in Ukraine.
October 15, 2025Canada May Sue Stellantis Over Jeep Production Shift
Industry Minister Melanie Joly would consider Stellantis in default in light of federal and provincial government support extended to the automaker.
October 15, 2025Port of Los Angeles Sees Imports Drop in September
Volume is expected to slow in coming months as President Trumps tariffs bite into profit margins and impact consumer prices, and uncertainty over the U.S.-China trade war increases.
October 15, 2025Trump Threatens Cooking Oil Trade Ban With China
Cutting off cooking oil trade could have wide-ranging effects for the American heartland and in energy markets. Used cooking oil is a feedstock for biofuels such as renewable diesel.
October 15, 2025The CPI Might Lie Blame the Shutdown
Starting now, accuracy is getting worse, Omair Sharif, president of Inflation Insights, said in an Oct. 9 interview, just over a week into the shutdown.
October 14, 2025Trump, Milei Discuss Trade Deal at White House
The White House meeting came just days after the U.S. announced the $20 billion currency swap meant to help shore up Argentinas peso and calm financial markets in the South American nation.
October 14, 2025Greer Says China Trade Tensions Could Subside Soon
Weve been pretty successful in finding a path forward with them in the past so we think well be able to work through it, Jamieson Greer said Oct. 14 in an interview with CNBC.
October 14, 2025Trump Port Fees Start With Cosco Hit Hardest
Cosco Shipping, already expected to report weaker third-quarter earnings, could face an additional $1.5 billion to $2.1 billion in fees in 2026.
October 14, 2025Trending
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