tariffs News Updates

About Tariffs News...

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.

Government, Business

Trudeau Says Canada ‘Will Respond’ if Trump Imposes Tariffs

Prime Minister Justin Trudeau said Canada “will respond” if U.S. President-elect Donald Trump imposes new tariffs on Canadian imports.

December 10, 2024
Government, Business

Canada Tells Trump Its Border Differs From Mexico’s

TORONTO — Canada’s ambassador to the U.S. said Prime Minister Justin Trudeau was successful in getting President-elect Donald Trump to understand that lumping Canada in with Mexico is unfair.

December 2, 2024
Government, Business, Logistics

Mexico Warns Against ‘Inflationary’ US Tariff Plan

Donald Trump’s threat of 25% tariffs on Mexico and Canada would cost the U.S. economy as many as 400,000 jobs and increase prices for American consumers, according to the Mexican government.

November 27, 2024
Government, Business, Logistics

European Markets Slide on Trump’s Trade War Warning

Trump's threat to hit Canada, China and Mexico with tariffs because of the flow of illegal drugs and migrants into the U.S. sent European stocks lower.

November 27, 2024
Government, Business, Logistics

Trump’s Trade Pick Pushes Strategic Decoupling From China

Jamieson Greer, who’s been nominated as the U.S. trade representative, played a key role in imposing tariffs on China during Trump’s first term.

November 27, 2024
Government, Business

Goldman Warns of Consequences From Canada Tariff Plan

The 25% levy on all products from Canada proposed by Trump would likely raise the price of fuels in the U.S., said Daan Struyven, the head of commodities research for Goldman.

November 27, 2024
Government, Business

Citigroup: Trump Tariffs to Drive Up Aluminum, Steel Prices

President-elect Donald Trump’s plan to impose 25% tariffs on all goods from Canada and Mexico will push up steel and aluminum prices across the U.S., according to Citigroup analysts.

November 26, 2024
Government, Business, Logistics

Tariff Concerns Propel Chinese Exports to Record Heights

China's export growth will accelerate to 7% in the final three months from the same period last year, according to the median forecast of analysts surveyed by Bloomberg Nov. 15-21.

November 25, 2024
Government, Business, Logistics

EU Prepares Two-Track Plan for Trump Trade Ties

The EU is exploring potential areas for deeper cooperation with the U.S., such as increased liquefied natural gas imports and closer alignment on addressing China’s trade practices.

November 21, 2024
Government, Business, Logistics

Port Traffic Surging as Companies Rush to Beat Tariffs

Imports at the Port of Los Angeles last month totaled 462,740 20-foot-equivalent units, or TEUs. The port also handled 122,716 export containers and 319,570 empty containers in October.

November 20, 2024