Canadian Prime Minister Mark Carney met with automotive executives July 2 to discuss how to help auto plants that have been choked by U.S. tariffs.
July 3, 2025GovernmentBusinessFuel
BYD Halts Plan to Build Mexico Car Plant Over Trumps Trade War
Top Chinese electric vehicle maker BYD has shelved plans to build a major plant in Mexico over geopolitical tensions and uncertainty stemming from President Donald Trumps trade policies.
July 2, 2025GovernmentBusiness
Trump Says Deal Will Allow US Goods Into Vietnam Duty-Free
President Donald Trump announced a trade deal with Vietnam on July 2 that would allow U.S. goods to enter the country duty-free.Vietnamese exports to the U.S. would face a 20% levy.
July 2, 2025GovernmentBusinessTechnologyEquipmentAutonomous
Moove Looks to Expand to US With Waymo Fleet
African ride-hailing startup Moove is close to raising $1.2 billion in a debt round that will help it finance a rollout of an autonomous-driving fleet with Waymo and expand in the U.S.
July 2, 2025GovernmentBusiness
China Wary as US Advances Tariff Talks With Other Countries
China is increasingly wary about U.S. efforts to forge deals that could isolate Chinese firms from global supply chains.
July 2, 2025GovernmentBusinessLogistics
Del Monte Foods Files for Bankruptcy
Del Monte Foods filed for bankruptcy, less than a year after executing a controversial debt restructuring.
July 2, 2025GovernmentBusinessTechnologyAutonomous
Tesla Sales Fell Sharply in Q2 Over Musk Backlash
Sales of Tesla electric cars fell sharply in the last three months as boycotts over Elon Musks political views continue to keep buyers away.
July 2, 2025GovernmentBusinessSafetyLogistics
Old-School Cargo Theft Surges in Mexico
Attempts to rob truck cargo jumped by more than a third in the first two months of 2025.Its old-school crime, said Troy Ryley, Mexico president of Echo Global Logistics.
July 2, 2025GovernmentBusinessLogisticsPrivateGlobal Freight
Analysis Shows Trumps Tariffs Would Cost Employers $82.3B
An analysis finds that a critical group of U.S. employers would face a direct cost of $82.3 billion from President Donald Trumps current tariff plans.
July 2, 2025GovernmentBusinessTechnology
Chipmakers Win Bigger Tax Credit Under Bill Passed by Senate
Sweeping tax legislation passed by the Senate on July 1 would make it cheaper for semiconductor manufacturers to build plants in the U.S., delivering a win to chipmakers.
July 1, 2025