U.S. customs duties climbed to a record in May, helping shrink the budget deficit for the month, while doubts remain about the persistence of the inflows.
June 11, 2025Search
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Justin Olsen, maintenance director at TCW, breaks down the hidden impact of poor trailer management on operations, compliance and safety.
Export Controls Now on the Table in China Trade Talks
At the heart of the policy shift is China’s stranglehold over rare earths and its decision to restrict supply to American manufacturers reliant on the key inputs.
June 11, 2025Auto Parts Supplier Marelli Blames Tariffs for Bankruptcy
Marelli Holdings filed bankruptcy in the U.S., saying its latest debt-cutting effort was prompted by tariffs.
June 11, 2025EU Sees US Trade Talks Extending Beyond July Deadline
The European Union believes trade negotiations with the U.S. could extend beyond President Donald Trump’s July 9 deadline, even as the speed of the talks has increased over the past week.
June 11, 2025Trump Tariffs Can Stay in Effect Longer, Appeals Court Says
President Donald Trump can continue to enforce his global tariffs for now, a federal appeals court held in a win for the president on one of his signature economic policies.
June 11, 2025Inflation Up Slightly in May as Grocery Prices Ticked Higher
U.S. inflation picked up a bit last month as food costs rose, though overall inflation remained mostly tame. Consumer prices increased 2.4% in May compared with a year ago.
June 11, 2025GM to Invest $4B to Shift Some Production From Mexico to US
GM announced plans to invest $4 billion to shift some production from Mexico to U.S. manufacturing plants as the automaker navigates tariffs that could drive prices higher.
June 11, 2025Musk Moves Tesla’s Robotaxi Launch ‘Tentatively’ to June 22
Elon Musk says Tesla is “tentatively” set to begin providing robotaxi service in Austin, Texas, on June 22.
June 11, 2025Trump: US Gets Rare Earth Minerals From China in 'Done' Deal
President Donald Trump announced June 11 that the United States will get magnets and rare earth minerals from China under a new trade deal and that tariffs on Chinese goods will go to 55%.
June 11, 2025Steel Tariff Talks Between US, Mexico Nearing Resolution
Under its current terms, the deal would allow U.S. buyers to import Mexican steel duty-free as long as they kept total shipments below a level based on historical trade volumes.
June 10, 2025