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China Says It’s Evaluating US Overtures for Trade Talks

China’s Commerce Ministry said May 2 that Beijing is evaluating multiple approaches by the Trump administration for trade talks, but steep tariffs imposed by Washington must go.

May 2, 2025

Small-Package Tariff Exemption Ends Today

Small-value packages shipped to the U.S. from China will no longer be exempted from tariffs starting May 2, when President Donald Trump’s move against the de minimis exemption takes effect.

May 2, 2025

Chevron Cuts Buybacks and Exxon Sits Tight as Oil Plunges

Chevron and Exxon report earnings after oil prices tumble, indicating that President Donald Trump’s trade war is hurting a key U.S. industry he pledged to help.

May 2, 2025

Employers Added a Surprising 177,000 Jobs in April

Employers added a better-than-expected 177,000 jobs in April, with transportation and warehousing adding 29,000 in a sign that companies may have been stocking up on imports before tariffs.

May 2, 2025

Port Leaders Warn Tariffs to Bring ‘Radical Uncertainty’

Leaders of West Coast ports warned that a sharp drop in ship traffic tied to President Donald Trump’s tariffs on Chinese goods will threaten jobs, raise prices and ripple through the economy.

May 2, 2025

Farm Machinery’s Slump Lingers as Tariffs Add Risks

Farmers are still delaying equipment purchases a President Donald Trump’s tariffs cloud demand for crops and risk further extending a yearslong slump in the sector.

May 1, 2025

Ports Post Cargo Growth in March, but Possible Slowdown Looms

Container volume grew at U.S. ports in March despite uncertainty around tariffs.

May 1, 2025

House Votes to Overturn California Ban on Gasoline Cars

The U.S. House voted 246-164 to roll back an EPA authorization issued under former President Joe Biden, which let California ban gasoline-powered cars by 2035.

May 1, 2025

Trade War Leads CPKC Railway to Lower 2025 Guidance

Canadian Pacific Kansas City cut its financial outlook for this year due to the uncertainty caused by the U.S. administration’s tariff and trade policy.

May 1, 2025