President Donald Trump’s long-threatened tariffs against Canada and Mexico went into effect March 4, putting global markets on edge and setting up costly retaliations by North American allies.
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Canada Responds, Puts Tariffs on $107 Billion of US Products
Canada announced a package of counter-tariffs against U.S. products after President Donald Trump confirmed that his administration will go ahead with levies against Canada and Mexico.
March 4, 2025Chipmaker TSMC Increases US Investment, Trump Says
Taiwan Semiconductor Manufacturing Co. plans to invest $100 billion in the United States, President Donald Trump said, on top of $65 billion in investments the company has already promised.
March 3, 2025Pennsylvania’s Red Light Camera Fines to Fund 31 Projects
The Pennsylvania DOT will allocate $20.4 million in funding generated from red light camera fines in the Philadelphia area to pay for 31 road safety projects across 25 municipalities.
March 3, 2025Trump Says Tariffs on Foreign Farm Goods Start April 2
The president did not clarify if this plan is part of a previously announced effort to enact so-called “reciprocal” tariffs on nearly all U.S. trading partners.
March 3, 2025Congressional Policymakers Push for More Truck Parking Aid
A bill meant to improve transportation safety by increasing access to truck parking was recently introduced in the U.S. House of Representatives.
March 3, 2025Lumber Futures Surge on US Probe Into Import Dumping
Lumber futures rose to the highest in more than two and a half years after President Donald Trump ordered an investigation into shipments of the commodity into the U.S.
March 3, 2025Tariffs Could Raise US Car Prices by Up to $12,000
Tariffs of 25% on imports from Canada and Mexico threaten to exacerbate an automotive affordability crisis that is already driving buyers out of the market.
March 3, 2025Tariffs and Rising Costs Challenge US Factories
The Institute for Supply Management’s manufacturing index slipped by 0.6 point in February to 50.3, according to data released March 3. Readings above 50 indicate growth.
March 3, 2025China Eyes Retaliatory Tariffs on US Agriculture
The response from Beijing will likely include tariffs and non-tariff measures, a Communist Party-backed news outlet reported on March 3, citing a person it didn’t identify.
March 3, 2025