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Trump Targets $12 Billion in New Energy Project Cuts

The Trump administration is considering canceling about $12 billion in energy projects, including funding for hydrogen ventures backed by U.S. oil majors, according to a list seen by Bloomberg.

October 7, 2025

Trump Says US, Canada Can ā€˜Get There’ on Tariff Deal

Trump met with Canadian Prime Minister Mark Carney on Oct. 7, and the president described the disagreements as ā€œnatural conflictsā€ because they’re competing for the same business.

October 7, 2025

States’ Commercial Vehicle Dragnets Snag ELP, CDL Violations

Three states recently ramped up enforcement in response to renewed U.S. Department of Transportation attention to English-language proficiency issues.

October 7, 2025

DOE Ends $7.5 Billion in Grants for Biden-Approved Projects

The Department of Energy terminated $7.5 billion in grants for 223 projects approved by the Biden administration including Paccar Inc.’s SuperTruck 3 program and two hydrogen hubs.

October 7, 2025

WTO: Full Drag of Trump Tariffs to Hit Trade Growth in 2026

Merchandise trade volumes are forecast to rise 2.4% this year, the Geneva-based forum said in a report Oct. 7 — much faster than the 0.9% growth it predicted in August.

October 7, 2025

Canada’s Carney Visits Trump Ahead of USMCA Review

One of the world’s most durable and amicable alliances has been fractured by Trump’s trade war and annexation threats.

October 7, 2025

Tesla Unveils Cheaper Versions of Model Y SUV, Model 3 Sedan

TeslaĀ introduced new versions of its top-selling models priced at under $40,000, making its main vehicles more affordable to counteract the loss of U.S. incentives for electric cars.

October 7, 2025

Car Shipper Hoegh Drops on Weaker Trade and Port Fee Warning

U.S. port fees on China-built vessels are due to commence Oct. 14.

October 7, 2025

Trump Approves Alaska Road Project, Stake in Trilogy Metals

President Donald Trump on Oct. 6 ordered approval of a proposed 211-mile road through an Alaska wilderness to allow mining of copper, cobalt, gold and other minerals.

October 7, 2025

Brazil Posts Export Growth, Resisting Hit From US Tariffs

Brazil’s overall exports grew last month as greater shipments to destinations like China and Argentina blunted the hit from 50% tariffs imposed by the U.S. government, according to data.

October 6, 2025