Lumber futures rose to the highest in more than two and a half years after President Donald Trump ordered an investigation into shipments of the commodity into the U.S.
March 3, 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.
Lumber Futures Surge on US Probe Into Import Dumping
Tariffs Could Raise US Car Prices by Up to $12,000
Tariffs of 25% on imports from Canada and Mexico threaten to exacerbate an automotive affordability crisis that is already driving buyers out of the market.
March 3, 2025Tariffs and Rising Costs Challenge US Factories
The Institute for Supply Management’s manufacturing index slipped by 0.6 point in February to 50.3, according to data released March 3. Readings above 50 indicate growth.
March 3, 2025Trump Set to Proceed With Tariffs on Canada, Mexico, China
The long-promised tariffs scheduled to take effect March 4 would easily be among the most sweeping of the Trump era, applying to roughly $1.5 trillion in annual imports.
March 3, 2025Walmart CEO: Food Prices Are Causing ‘Frustration and Pain’
The CEO of Walmart Inc. said American consumers are showing signs of stress as food prices remain stubbornly high.
February 28, 2025Mexico Open to New Tariffs on China to Avoid Trump Duties
U.S. Treasury Secretary Scott Bessent said Mexico has proposed matching Washington’s tariffs on China and urged Canada to do the same.
February 28, 2025Looming 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, 2025Doug 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, 2025US 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, 2025Trump 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.
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