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Truck imports that qualify for relief under the U.S.-Canada-Mexico trade agreement will be exempt from the charges, but not buses, according to the fact sheet.

"I have felt deep gratitude and pride representing America’s 8.4 million truckers as American Trucking Associations' 80th chairman," writes Dennis Dellinger.

Earlier this year, the two agreed to a truce in which Washington paused tariffs on Chinese goods while Beijing pledged to resume the flow of rare-earth magnets. That expires in November.

Bank of Canada Governor Tiff Macklem said he sees the Canadian labor market as “soft” despite recent data that showed the country added 60,400 jobs in September.

Countries at an IMO gathering in London voted to push back for a year a decision on whether to make ships start paying for the more than 1 billion tons of greenhouse gases they emit each year. 

“The reason you’ve seen spot rates up in the last couple of weeks — it’s been because of the enforcement activity,” said J.B. Hunt Chief Operating Officer Nick Hobbs.

The Commerce Department is slated to announce a five-year extension for an arrangement that allows automakers to reduce what they pay in tariffs on imported car parts.

The manufacturer on Oct. 17 projected declining North American truck registrations for 2026, with CEO Martin Lundstedt citing rising uncertainty tied to President Trump’s planned duties.

Stellantis declined to comment on conversations with the government. It has confirmed it’s adding a third shift at an Ontario facility and described Canada as “very important” to its plans.

The deficit for the fiscal year was $1.78 trillion, down from $1.82 trillion in 2024, a drop of 2%, according to figures released by the Treasury Department Oct. 16.