tariffs News Updates

Government, Business, Logistics

Inflation Fears Grow With Tariff Uncertainty Looming

Expected inflation five years ahead rose to 3% last month, the highest since May 2024, according to results of the New York Fed’s Survey of Consumer Expectations published Feb. 10.

February 10, 2025
Government, Business, Equipment

China’s 10% Tariff on US Cars Hits GM, Ford SUVs

China’s 10% additional tariff on vehicles with engines  larger than 2.5 liters imported from the U.S. took effect Feb. 10.

February 10, 2025
Government, Business, Technology, Equipment, Fuel

A Timeline of US-China Retaliatory Tariffs

TAIPEI, Taiwan — China’s tit-for-tat duties on U.S. imports took effect Feb. 10, hours after President Donald Trump announced that he wants to slap new duties on all steel and aluminum imports.

February 10, 2025
Government, Business, Equipment

Trump Says He Will Announce 25% Steel, Aluminum Tariffs

WASHINGTON — President Donald Trump said he will announce Feb. 10 that the U.S. will impose 25% tariffs on all steel and aluminum imports, including from Canada and Mexico.

February 10, 2025
Government, Business, Logistics, Global Freight

Trump Maintains Duty-Free Exception on Chinese Goods

President Donald Trump said he would maintain the duty-free exception for low-value packages coming from China until “adequate systems are in place to fully and expediently process and collect tariff revenue.â€Â 

February 7, 2025
Business, Technology, Logistics, For-Hire

Transportation M&A Gains Momentum in Late 2024

The transportation sector saw merger and acquisition activity gain momentum as market conditions stabilized in the second half of 2024, according to experts.

February 7, 2025
Government, Business, Fuel

Canadians Support Using Oil as Weapon in Trump Trade War

There is strong nationwide support among Canadians for putting export taxes on oil shipments if needed to retaliate against U.S. President Donald Trump’s tariffs, a new poll suggests.

February 6, 2025
Government, Business, Logistics, For-Hire, Private, Global Freight

Logistics Agents Put 30% Levy on Shein, Temu Retailers

Chinese retailers that sell on Shein and Temu have been asked by logistics agents to start paying an additional 30% levy after President Donald Trump hiked tariffs on goods imported to the U.S. 

February 6, 2025
Government, Business, Fuel

Quebec Says It’s Open to LNG, Oil Projects After Trump Threats

Quebec has long resisted proposals to build new oil and gas pipelines through its territory. U.S. President Donald Trump’s threats against Canada might change that.

February 5, 2025
Government, Business, Technology, Equipment, Fuel, Logistics

Manufacturers Scramble Under Trump’s Looming Tariffs

Over a frantic 72 hours, President Donald Trump’s threat of punishing new tariffs on Canada, Mexico and China sent stocks and currencies tumbling and shock waves through world trade.

February 5, 2025