A top administration official signaled confidence that President Donald Trump’s trade plans will survive even if the sweeping global tariffs are ultimately deemed illegal.
August 1, 2025Search
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Trump Tariff Blitz Unleashes Delayed Shock to Global Economy
At an average of 15%, the world is still facing some of the steepest U.S. tariffs since the 1930s, roughly six times higher than they were a year ago.
August 1, 2025Trump Pushes Tariff Start Date Back 7 Days
When Trump signed the order late July 31 imposing new tariffs, the start date of the punishing import taxes was pushed back seven days so the tariff schedule could be updated.
August 1, 2025Labor Market Weakens as Employers Added 73,000 Jobs in July
The Labor Department reported Aug. 1 that revisions shaved a stunning 258,000 jobs off May and June payrolls.
August 1, 2025Trump to Set New Tariffs Before Midnight, White House Says
President Donald Trump will sign an executive order July 31 imposing new tariff rates on trading partners that take effect Aug. 1, the White House said.
July 31, 2025What the EPA Ruling on Emissions Means for Automakers
The EPA's plan this week to relax rules aimed at cleaning up auto tailpipe emissions is the latest Trump administration move to undo incentives for automakers to go electric.
July 31, 2025US Ports Show Mixed Results in June
“July may be our peak season month as retailers and manufacturers bring orders in earlier than usual, then brace for trade uncertainty," said Port of Los Angeles' Gene Seroka.
July 31, 2025FMCSA Nominee Derek Barrs Moves to Senate Floor
Derek Barrs, nominated by President Donald Trump to the top post at the Federal Motor Carrier Safety Administration, was easily approved by the Commerce Committee July 30.
July 31, 2025Trump Announces 90-Day Negotiating Period With Mexico
Trump said that goods from Mexico imported into the U.S. would continue to face a 25% tariff, and that autos would face a 25% tariff, while copper, aluminum and steel would be taxed at 50%.
July 31, 2025Trump Tariff Power at Risk After Skepticism by Appeals Court
President Donald Trump’s authority to issue sweeping global tariffs under an emergency law was met with skepticism at a federal appeals court hearing July 31, a day before higher rates are set to start.
July 31, 2025