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Trump Insists Plan for Higher Tariffs Will Move Ahead

President Donald Trump suggested another delay to his higher so-called “reciprocal” tariffs was unlikely, raising pressure on nations to negotiate trade deals with his administration.

April 25, 2025

IMF Members See World at ‘Pivotal Juncture’ Amid Trade Wars

The world economy is at a “pivotal juncture” as trade tensions flare, members of the IMF said in a draft statement after discussions that have been overshadowed by the trade war.

April 25, 2025

Energy Secretary Aims to Reassure Oil Bosses Amid Trade War

Energy Secretary Chris Wright sought to reassure U.S. oil companies during a visit to Oklahoma, saying turmoil from President Donald Trump’s trade war is apt to be fleeting.

April 25, 2025

Auto Carrier Could Take $70 Million Hit From US Port Fees

Hoegh Autoliners ASA, an Oslo, Norway-based car carrier, said that a plan to impose fees on foreign ships calling at U.S. ports could cost the company as much as $70 million.

April 25, 2025

Low-Income Earners Face Sharpest Impact From Tariffs

While prices will rise for everyone, lower-income families are expected to lose a larger portion of their budgets because they tend to spend more of their earnings on goods.

April 25, 2025

Lawmaker Asks DOT to Reverse Obama-Era English Proficiency Memo

A federal lawmaker from Wyoming is asking USDOT to require that CMV drivers who cannot demonstrate proficiency with speaking and reading English be taken out of service during inspections.

April 24, 2025

Carney Says Canada Won’t Rush Trade Deal With Trump

“We don’t have to do a deal in the short term,” Carney told reporters April 24, as he campaigned in British Columbia ahead of the April 28 election. “My government will do the right deal.”

April 24, 2025

Arkansas Trucking Law Cracks Down on Fraudulent Foreign CDLs

The bill, signed April 14 by Gov. Sarah Huckabee Sanders, takes aim at what lawmakers and industry experts said is a spate of foreign drivers operating illegally and unsafely on U.S. roads.

April 24, 2025

Equipment: Truck Prices to Rise as Early as May Due to Tariffs

The latest on how the Trump administration's approach to tariffs is impacting OEMs in the trucking industry.

April 24, 2025