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Trump Directs Security Panel to Review US Steel Deal

President Donald Trump ordered a review of the potential sale of U.S. Steel Corp. to Nippon Steel Corp., opening the door to amend a decision by his predecessor to block the transaction.

April 7, 2025

Ocean Shipping Industry Optimistic Going Into IMO Meeting

Governments from across the world gather in London this week to thrash out a landmark global carbon charge for the shipping industry. There’s optimism that Washington won’t derail the process.

April 7, 2025

Trump Digs In His Heels on Tariffs

President Donald Trump remained defiant on April 7 as global markets continued plunging and fears of a recession grew after his tariff announcement last week.

April 7, 2025

Carmakers Freeze Prices, Offer Discounts

Jeep maker Stellantis is offering fresh discounts across its brands while Hyundai pledged to hold prices steady until June 2 in a bid to ease fears that tariffs will make cars more expensive.

April 4, 2025

Newsom Says California to Seek Tariff Exemptions From Allies

Gov. Gavin Newsom said he’s seeking exemptions for California-made products from retaliatory tariffs and wants to open talks with global allies over new trade relationships.

April 4, 2025

Nissan Halts US Orders for SUVs Built in Mexico

Nissan Motor decided to stop selling a pair of Mexican-built Infiniti SUVs in the U.S. market, in response to President Donald Trump’s sweeping tariffs on car imports.

April 4, 2025

Brookfield to Buy Colonial Pipeline Owner in $9 Billion Deal

Brookfield Infrastructure Partners and its institutional associates agreed to acquire Colonial Enterprises, the operator of the biggest U.S. fuel pipeline, in a $9 billion deal.

April 4, 2025

US Added a Surprising 228,000 Jobs in March

U.S. employers added a surprising 228,000 jobs last month, as the American labor market continues to show resilience. The unemployment rate ticked up to 4.2%.

April 4, 2025

China Hits Back With 34% Tariff on Imports of All US Goods

China announced April 4 that it will impose a 34% tariff on imports of all U.S. products beginning April 10, part of a flurry of retaliatory measures following the U.S. slate of tariffs.

April 4, 2025