tariffs News Updates

Government, Business

Looming Trump Tariffs Raise US Steel Costs

President Donald Trump’s threatened steel tariffs that don’t kick in for two weeks are impacting U.S. buyers who already are seeing American-made metal cost more than imports.

February 28, 2025
Government, Business

Doug Ford Re-Elected as Ontario’s Premier

Ontario Premier Doug Ford won re-election to lead Canada’s most populous province on Feb. 27, giving him the mandate he wanted to fight tariffs threatened by U.S. President Donald Trump.

February 28, 2025
Government, Business, Logistics

US Ports Experience Strong Start to 2025

The Port of Long Beach reported its strongest January on record, largely driven by retailers moving cargo ahead of the anticipated tariffs on goods from China, Mexico and Canada.

February 27, 2025
Government, Business

Trump Says Tariffs on Mexico and Canada Will Proceed March 4

President Donald Trump says he plans to impose tariffs on Canada and Mexico starting March 4, in addition to doubling the 10% universal tariff charged on imports from China.

February 27, 2025
Government, Business

EU Pushes Back Against Trump’s Caustic Claims on Tariffs

“The EU wasn’t formed to screw anyone,” Polish Prime Minister Donald Tusk said after President Donald Trump said the 27-nation bloc was out to get the United States.

February 27, 2025
Government, Business

Tariffs on China Might Hurt US Economy More Than Expected

New research suggests President Donald Trump’s latest tariffs on imports from China could hit the American economy more than official U.S. trade data indicate.

February 26, 2025
Government, Business

Trump Sows Confusion Around Global Tariffs Timing, Scope

President Donald Trump on Feb. 26 gave a series of apparently contradictory answers about his plans to enact tariffs on Canada and Mexico, as well as the European Union. 

February 26, 2025
Government, Business

Senate Confirms Jamieson Greer to Be Top Trade Negotiator

The Senate has confirmed Jamieson Greer, a veteran of President Donald Trump’s first-term economic battles with China, Mexico and Canada, to be America’s top trade negotiator.

February 26, 2025
Government, Business, Equipment

Stellantis Urges Trump to Aim Tariffs at Parts Content

Stellantis Chairman John Elkann said President Donald Trump should focus new tariffs on imported vehicles made without U.S. parts content instead of raising duties on Mexico and Canada.

February 26, 2025
Government, Business, Equipment

GM Boosts Investor Payout With New Buybacks, Dividend Hike

General Motors plans to step up its program of buybacks by repurchasing $6 billion in shares and raising its dividend. The move comes as the industry faces uncertainty about threatened tariffs.

February 26, 2025