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Tariff Impact Threatens Critical Trucking Sectors

The transportation sector is bracing for the possibility that a slew of new tariffs could soon hit some of its most critically important industries, according to experts.

February 4, 2025

ADM Plans to Cut Up to 700 Jobs

Archer-Daniels-Midland Co. said it will reduce its workforce as the company expects profits to decline for a third straight year.

February 4, 2025

Senate Confirms Chris Wright as Energy Secretary

WASHINGTON — The Senate confirmed Chris Wright to serve as energy secretary, a key post to promote President Donald Trump’s efforts to achieve U.S. “energy dominance” in the global market.

February 4, 2025

China to Impose Tariffs on US Products, Including Oil

BEIJING — China countered President Donald Trump’s tariffs on Chinese products with tariffs on select U.S. imports Feb. 4, as well as announcing an antitrust investigation into Google.

February 4, 2025

New Tariffs Cause Concern Among Trucking Stakeholders

Trucking stakeholders are raising alarm that U.S. implementation of tariffs on Mexico and Canada will harm American truckers, cause supply chain instability and hike prices for consumers.

February 3, 2025

Trump Pauses Mexico, Canada Tariffs; China Plans in Place

WASHINGTON — President Donald Trump on Feb. 3 held off on his tariff threats against Mexico and Canada for 30 days after the two U.S. neighbors agreed to boost border security efforts.

February 3, 2025

Mexico’s Sheinbaum Says Tariffs Delayed for One Month

Mexico President Claudia Sheinbaum said tariffs would be delayed for one month after a conversation with U.S. President Donald Trump on Feb. 3.

February 3, 2025

OPEC+ Sticks to Supply Plan as Trump Seeks Oil Price Cut

OPEC+ didn’t make any changes to its existing oil production plans at a review meeting Feb. 3, even as President Donald Trump called on the group to lower crude prices.

February 3, 2025

China Renews Threat to Counter US Tariffs

TAIPEI, Taiwan — China has reiterated its threat to take “necessary countermeasures to defend its legitimate rights and interests” following the decision to impose 10% tariffs on China.

February 3, 2025