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, 2025Search
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Amazon'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, 2025Trump to Impose 50% Copper Tariff, Delay Drug Duties
“I believe the tariff on copper we’re going to make it 50%,” President Donald Trump said when asked by a reporter what the rate on those products would be.
July 8, 2025Some Sellers Sit Out Amazon Prime Day Over Tariffs
Amazon’s Prime Day is slamming into President Donald Trump’s trade war, with ever-shifting tariffs prompting some brands to sit out the sale and some shoppers hinting they plan to pull back.
July 8, 2025Trump Sends Tariff Threat Letters to Allied Nations
The letters issued July 7 so far appeared to largely be a novel method of again punting a looming July 9 deadline for so-called “reciprocal” tariffs until at least the beginning of August.
July 7, 2025Oregon Backs $100 Million Coos Bay Container Terminal
Oregon lawmakers on June 30 approved $100 million for a new container terminal at the Port of Coos Bay, propelling the Pacific Coast Intermodal Port from proposal to construction plan.
July 7, 2025Trump Aims to Shut Loopholes China Uses to Evade Tariffs
President Donald Trump’s trade deal with Vietnam targets practices China has long used to skirt U.S. tariffs: the shifting of production to Southeast Asia and the “origin washing” of exports.
July 3, 2025Del Monte Foods Files for Bankruptcy
Del Monte Foods filed for bankruptcy, less than a year after executing a controversial debt restructuring.
July 2, 2025Old-School Cargo Theft Surges in Mexico
Attempts to rob truck cargo jumped by more than a third in the first two months of 2025. “It’s old-school crime,” said Troy Ryley, Mexico president of Echo Global Logistics.
July 2, 2025Analysis Shows Trump’s Tariffs Would Cost Employers $82.3B
An analysis finds that a critical group of U.S. employers would face a direct cost of $82.3 billion from President Donald Trump’s current tariff plans.
July 2, 2025