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UK Gets Reprieve on Steel Tariff

The U.K.has a new five-week deadline to finalize its trade agreement with the U.S. after President Donald Trump spared the country’s steel and aluminum exports from a doubling of tariffs.

June 4, 2025

Trump: China’s Xi Is ‘Extremely Hard to Make a Deal With’

President Donald Trump said in a late-night social media post that Chinese leader Xi Jinping was very tough to make a deal with, raising questions about whether a fragile economic truce will hold.

June 4, 2025

US and EU Trade Negotiators Discuss Tariffs in Paris

Europe and the United States are meeting in Paris to negotiate a settlement of a tense tariff spat with global economic ramifications between two global economic powerhouses.

June 4, 2025

Trump Signs Order Hiking Steel, Aluminum Tariffs to 50%

President Donald Trump signed a directive June 3 formally raising steel and aluminum tariffs to 50% from 25% starting June 4.

June 3, 2025

Dollar General Posts Record Sales as Shoppers Pinch Pennies

Dollar General set a quarterly sales record of $10.44 billion and upgraded its annual profit and sales outlook as Americans tighten their budgets and spend more at bargain stores.

June 3, 2025

US Sent Letters to Trade Partners Ahead of Tariff Deadline

The Office of the U.S. Trade Representative has sent letters to trading partners to remind them of an upcoming deadline in tariff negotiations, according to the White House.

June 3, 2025

Reservation System at Ports Cuts Ship Emissions by Up to 24%

Researchers have calculated that the containership reservation system at the ports of Los Angeles and Long Beach is paying a climate dividend.

June 3, 2025

Diesel Price Down 3.6¢ to $3.451 a Gallon

The national average price for a gallon of diesel dropped 3.6 cents to $3.451, according to U.S. Energy Information Administration data released June 3.

June 3, 2025

Trucks in China Make Switch From Diesel to Electric

More and more Chinese trucks are being powered by batteries, another sign that oil-based fuels are getting shoved to the sidelines in an increasingly electrified economy.

June 3, 2025