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Mexico Aims to Raise Auto Tariff Exemptions

Mexico wants a greater proportion of each auto built in the country to qualify for U.S. origin status, a move that would lower the impact of President Donald Trump’s tariff policies.

April 11, 2025

Lucid to Take Over Nikola’s Arizona Electric Truck Plant, HQ

Court documents show Lucid will pay $30 million for the 691,000-square-foot retooled manufacturing plant and offices after multiple auction rounds.

April 11, 2025

US Steel Falls After Trump Rejects Nippon Deal Again

U.S. Steel shares dropped after President Donald Trump on consecutive days reiterated his long-held position that he doesn’t want to see the steelmaker owned by a Japanese company.

April 10, 2025

March Class 8 Truck Orders Slip Amid Uncertain Landscape

North American Class 8 truck orders in March continued to trend below year-ago levels as they faced additional pressures from tariffs and an uncertain economy, according to ACT Research.

April 10, 2025

Trucking Groups Voice Support for Staged Accident Bill

Two trucking associations have voiced their support for a bill introduced in Congress that would make it a federal crime to stage a crash with a commercial motor vehicle.

April 10, 2025

Truck Prices to Rise as Early as May Due to Tariffs

Truck manufacturers are set to raise the prices of new Class 8 tractors as early as May as a result of tariffs on U.S. imports, with further hikes likely on the way.

April 10, 2025

Trump Orders Musk’s DOGE to Help Overhaul Navy Shipbuilding

President Donald Trump's executive order is intended to blunt China’s maritime dominance by offering new funding streams to support U.S. shipbuilding, according to an official.

April 10, 2025

No New Tariffs for Canada, Mexico Under Trump Update

President Donald Trump’s sudden change to tariff policy on April 9 won’t affect the rates that currently apply to Canadian and Mexican products, according to a White House official.

April 9, 2025

US-China Trade War Intensifies With No End in Sight

On April 9, Trump ratcheted up pressure on China, raising the import duty to 125%, even as he announced a 90-day pause on reciprocal tariffs for dozens of other trade partners.

April 9, 2025