President Donald Trump said the U.S. would begin levying a 50% tariff on copper imports from Aug. 1, confirming a move that will hurt U.S. producers of everything from autos to appliances.
July 10, 2025Search
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Trump Targets Brazil With Steep 50% Tariff Hike
At an earlier White House event, Trump complained that Brazil had “been not good to us.” His decision on Brazil, Trump said, was “based on very, very substantial facts, and also past history.”
July 9, 2025Tariffs Split Fed Officials on Rate-Cut Outlook
Policymakers pointed to “considerable uncertainty” about the timing, size and duration of the tariffs’ potential effects on inflation, the minutes showed.
July 9, 2025Trump Reveals New Batch of Tariffs From Iraq to Philippines
President Donald Trump unveiled a new round of tariff demand letters on July 9 with levies set to hit in August on imported goods from partners who fail to reach agreements with the U.S.
July 9, 2025Tariff Foes Urge Appeals Court to Curb ‘Blank Check’
A group of small businesses that won an order finding President Donald Trump’s global tariffs illegal urged a federal appeals court to uphold that decision and block the trade levies.
July 9, 2025Trucking Industry Praises Trump's ‘Big Beautiful Bill’
Dozens of freight and trucking stakeholders praised the recently enacted comprehensive tax and budget measure referred to as the “One Big, Beautiful Bill.”
July 9, 2025Cruise Cuts 101 Employees as GM Winds Down Robotaxi Program
Cruise, the embattled self-driving car subsidiary of GM, has laid off 101 more employees across the Bay Area, marking the latest round of job cuts as the company scales back its robotaxi efforts.
July 9, 2025Trump’s Trade Blitz Yields Few Deals but Lots of Uncertainty
President Donald Trump's lightning round of global trade negotiations with dozens of countries has yielded two deals, with the U.K. and Vietnam, and a framework for a deal with China.
July 9, 2025EIA Trims Forecast for 2025 US Crude Oil Output
The latest production forecast for this year represents a drop of about 50,000 barrels a day from the Energy Information Administration’s previous projections in June.
July 8, 2025Amazon's Seller Pricing Limits Face Canadian Review
Canada’s competition watchdog secured a court order to help its investigation into whether Amazon is abusing its dominant retail position in the market.
July 8, 2025