Truck manufacturers are set to raise the prices of new Class 8 tractors as early as May as a result of tariffs on U.S. imports, with further hikes likely on the way.
April 10, 2025tariffs News Updates
Keep up with the latest insights into tariffs news with Transport Topics coverage. Our reporters are digging deep to find the most timely, relevant, and actionable information for everyone in logistics. Stay informed on US industry trends, canada tariff market shifts, and key developments that impact trucking and logistics professionals.
Truck Prices to Rise as Early as May Due to Tariffs
Inflation Fell in March Ahead of Tariff Impact
U.S. inflation declined last month as the cost of gas fell, a sign that price growth was cooling even as President Donald Trump ramped up his tariff threats.
April 10, 2025EU Pauses Tariff Retaliation for 90 Days to Match Trump Move
The EUs executive commission said April 10 it will put trade retaliation measures on hold for 90 days to match President Donald Trumps pause on his new tariffs and leave room for negotiation.
April 10, 2025No New Tariffs for Canada, Mexico Under Trump Update
President Donald Trumps sudden change to tariff policy on April 9 wont affect the rates that currently apply to Canadian and Mexican products, according to a White House official.
April 9, 2025US-China Trade War Intensifies With No End in Sight
On April 9, Trump ratcheted up pressure on China, raising the import duty to 125%, even as he announced a 90-day pause on reciprocal tariffs for dozens of other trade partners.
April 9, 2025Trump Pauses Tariffs on Most Nations for 90 Days
Facing a global market meltdown, President Donald Trump on April 9 abruptly backed down on his tariffs on most nations for 90 days, but raised his tax rate on Chinese imports to 125%.
April 9, 2025Walmart to Absorb Tariff Hikes to Keep Prices Low
As tariff-spooked shoppers begin pulling back on spending, Walmart is prepping for a worsening economy by using its massive footprint to keep prices low and hunt for ways to take market share.
April 9, 2025EU Adopts Tariffs on $23 Billion of US Goods in Metals Fight
The European Union approved tariffs to hit around $23.2 billion of U.S. goods in retaliation for the 25% duties President Donald Trump imposed last month on steel and aluminum exports.
April 9, 2025China Raises Its Retaliatory Tariff on US to 84%
China again vowed to fight to the end April 9 in an escalating trade war with the U.S. as it announced it would raise tariffs on American goods to 84% from April 10.
April 9, 2025Tariff Fears Drive Surge in Consumer Spending
Trumps tariffs are rattling U.S. consumers, who are stocking up on everything from cars to olive oil and iPhones. The behavior offers some good news for scrambling businesses.
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