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TOKYO — Nippon Steel was standing firm on its proposed $15 billion acquisition of U.S. Steel, Chief Executive Eiji Hashimoto said after President Joe Biden blocked the steelmaker’s move.

Canada’s trade surplus with the U.S. widened as did its deficit with the rest of the world, underscoring the major role its biggest trading partner and southern neighbor plays in its economy.

Tesla is under federal scrutiny over concerns that a newly released driver-assistance feature could result in crashes.

Spot container rates for shipping goods to the U.S. from Asia have spiked over the past month as companies look to avoid higher tariffs and pad their inventories ahead of a threatened port strike.

A U.S. dockworkers’ union and their employer group will meet in New Jersey on Jan. 7 with just over a week to hammer out a deal on a new labor contract.

Diesel prices rose significantly in the first reporting period of the new year, climbing 5.8 cents to reach a national average of $3.561 a gallon, according to EIA data released Jan. 6.

What now seems certain is that Trump — who sees tariffs as a way to rebuild American manufacturing and make other countries hew to his policy priorities — is preparing a major package.

TORONTO — Canadian Prime Minister Justin Trudeau announced his resignation Jan. 6 after nearly a decade in power, bowing to discontent over his leadership and turmoil within his government.

New York City kicked off the first congestion pricing program in the U.S., part of an effort to reduce the number of vehicles in the world’s most traffic-clogged urban area.

A key rail route that connects Texas to Mexico has now opened after Canadian Pacific Kansas City unveiled the new Patrick J. Ottensmeyer International Railway Bridge in December.