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President Donald Trump ordered 10% tariffs on imports of softwood timber and lumber as well as 25% levies on kitchen cabinets, vanities and upholstered wood products.

At least eight cabinet departments comprising more than two-thirds of the federal workforce had detailed their shutdown plans by the afternoon of Sept. 29.

A long-awaited rule published Sept. 29 by the Commerce Department seeks to prevent sanctioned companies from using affiliates to access restricted U.S. goods. 

Ford Motor Co. shares climbed to their highest level since July 2024 on Sept. 26 on President Donald Trump’s newly announced truck levies.

American Trucking Associations in May voiced opposition to the prospect of the proposed truck tariffs, stressing the levies could cause financial strain for an industry already struggling.

Senior senators continue to negotiate terms of fiscal 2026 funding legislation on the heels of a House-passed short-term measure that would keep agencies operating through mid-November.

Export markets for crops have dried up in the wake of the president’s trade wars and federal safety-net programs have shrunk.

Mexico, Brazil and Canada are each seeking to negotiate with the Trump administration to reduce the tariffs, but they’re also focused on blocking the rising tide of cheap Chinese supply.

U.S. Steel approved a $300 million investment to upgrade some of its facilities, advancing part of an $11 billion commitment by Nippon Steel after its takeover of the steelmaker earlier this year.

The Trump administration launched investigations into imports of robotics, industrial machinery and medical devices, setting the stage for fresh duties.