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Volkswagen to Offer Investments to US to Ward off Tariffs

Volkswagen is offering to make large-scale investments in the United States to ward off high tariffs on its imported vehicles, according to chief executive Oliver Blume.

May 30, 2025

Details Scarce on Nippon-US Steel Deal

President Donald Trump is holding a rally in Pennsylvania on May 30 to celebrate a details-to-come deal for Japan-based Nippon Steel to invest in U.S. Steel.

May 30, 2025

Trump Says China Violated Its Trade Agreement With US

President Donald Trump said he expected to speak to Chinese President Xi Jinping after accusing China of violating an agreement with the U.S. to ease tariffs.

May 30, 2025

Key Inflation Gauge Cools in April

A key U.S. inflation gauge slowed last month as President Donald Trump’s tariffs have yet to noticeably push up prices, while American incomes jumped.

May 30, 2025

Tariff Truce Has Kept China-US Trade Flowing Across the Pacific

The ceasefire in the tariff fight between the United States and China is encouraging trade across the Pacific, holding up freight prices three weeks on, even as container bookings have slowed.

May 30, 2025

Ford Says Michigan Battery Plant at Risk if Tax Credits Cut

Ford's plan to make electric vehicle batteries at a new site in Michigan would be put at risk if Congress cuts federal incentives for clean energy, the company’s chair said.

May 29, 2025

House to Debate Transportation Funding Request for Fiscal '26

Subcommittee debate on the bill meant to fund operations at the Department of Transportation is scheduled for July 14 with full committee consideration slated for July 17.

May 29, 2025

Federal Appeals Court Overturns Tariff Pause, For Now

A federal appeals court has allowed President Donald Trump to temporarily continue collecting tariffs under the emergency powers law while he appeals the federal trade court’s decision.

May 29, 2025

Penske Offers Carriers Fantasy Performance Options

Penske Truck Leasing believes it has some of the answers to fleet management optimization with the latest upgrades to its Catalyst AI platform.

May 29, 2025