Rivian quietly built a reserve of electric vehicle batteries from Asia ahead of President Donald Trumps tariffs, giving the company a measure of insurance against economic upheaval.
April 30, 2025tariffs News Updates
Rivian Stockpiled EV Batteries From Asia Before Trump Tariffs
Ford to Hold Off on Price Increases to Assess Rivals' Actions
Ford Motor Co. wont increase the price of its vehicles until it sees how competing carmakers respond to higher costs imposed by President Donald Trumps tariffs.
April 30, 2025Caterpillar Expects Lower 2025 Sales if Trump Tariffs Stay
Caterpillar expects slightly lower sales this year if Trump administration tariffs remain in place and the economy dips into a recession in the second half.
April 30, 2025Shipments From China Fall as Tariffs Loom
American businesses are canceling orders from China, postponing expansion plans and hunkering down to see what trade policy surprises President Donald Trump plans to spring on them next.
April 30, 2025Trump Signs Order Providing Relief From Auto Tariffs
President Donald Trump signed an executive order easing the impact of his auto tariffs, yielding to weeks of intense lobbying from automakers, parts suppliers and car dealers.
April 29, 2025Replacement Truck Tire Prices to Rise in May Due to Tariffs
Market observers say fleets can expect more replacement tire price hikes in the coming weeks and months as tariffs on rubber imports are passed through to customers.
April 29, 2025Amazon Denies Tariff Label Plans After White House Criticism
Amazon said April 29 it never planned to widely display the cost of President Donald Trumps tariffs on products after the White House blasted the reported move.
April 29, 2025Canada Elects Liberal Carney as Prime Minister
Populist Conservative leader Pierre Poilievre in the lead until U.S. President Donald Trump took aim at Canada with a trade war and annexation threats was voted out of his Parliament seat.
April 29, 2025Trump to Give Auto Tariffs Reprieve After Carmaker Appeals
President Donald Trump is on track to ease the impact of his auto tariffs, with changes sought by the industry that would lift some levies on foreign parts for cars and trucks made inside the U.S.
April 29, 2025Tariff 'Chaos' Drags Manufacturing Gauge to Worst Since 2020
A widely followed measure of Texas manufacturing activity weakened as executives used words like chaos and insanity to describe the turmoil spurred by President Donald Trumps tariffs.
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