President Donald Trump is likely to defer tariffs on Canada and Mexico for goods and services covered by the trade agreement known as USMCA, Commerce Secretary Howard Lutnick said.
March 6, 2025Search
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Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Trudeau Expects a Trade War for the ‘Foreseeable Future’
Canadian Prime Minister Justin Trudeau said March 6 he expects Canada and the U.S. to be in a trade war for the foreseeable future after a call with U.S. President Donald Trump.
March 6, 2025Truck Startup Edison Motors Ramps Up Hybrid Class 8 Production
The company will begin its first small production run in a new 305-acre manufacturing facility in Golden, British Columbia, founder and CEO Chace Barber told Transport Topics.
March 6, 2025Walmart Asks Chinese Suppliers for Big Price Cuts on Tariffs
Walmart has asked some Chinese suppliers for major price reductions, with the retail giant’s efforts to shift the burden of tariffs facing strong pushback from firms in the Asian nation.
March 6, 2025Congressional GOP Rallies Behind Trump’s Economic Vision
Transportation leaders are lining up behind President Donald Trump’s call to action to streamline infrastructure construction regulations and jump-start domestic energy initiatives.
March 6, 2025US Trade Deficit Surges to a Record Ahead of Trump Tariffs
The U.S. trade deficit widened to a record in January as companies scrambled to secure goods from overseas before President Donald Trump imposed tariffs on the largest U.S. trading partners.
March 6, 2025Used Class 8 Sales Rise 3.5% Year Over Year in January
Used Class 8 truck sales beat sequential and year-ago comparisons in January, ACT Research reported.
March 6, 2025China’s Commerce Head: ‘There Are No Winners in a Trade War’
China's economy can weather higher tariffs imposed by President Donald Trump, the Chinese commerce minister said March 6, though he added that there are “no winners in a trade war.”
March 6, 2025Bot Auto Plans Driver-Out Autonomous Trucking Pilot in 2025
Autonomous trucking startup Bot Auto announced that it intends to begin its first driver-out commercial freight operations this year with a pilot program in Texas.
March 5, 2025Volkswagen Introduces ID. EVERY1, Its Most Affordable EV
The model will offer more than 155 miles of range and is the “last piece of the puzzle” for VW’s next-generation lineup, said Thomas Schaefer, CEO of the brand.
March 5, 2025