An additional 25% tariff was tacked on India for its purchases of Russian oil.
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Energy Transfer to Build $5.3 Billion Natural Gas Pipeline
The expansion of the company’s Transwestern Pipeline networks will provide an outlet for Permian gas producers that have struggled with a dearth of shipping capacity.
August 6, 2025Trump Says Japan to Import Ford’s Large F-150 Pickup Trucks
Confusion hangs over various details of a trade deal struck between the U.S. and Japan, sparking concern in Japan over its enforcement, particularly regarding cars.
August 6, 2025Uber Boosts Buybacks by $20 Billion After Upbeat Forecast
The company said it has an opportunity to reach more consumers by cross-selling its rideshare and delivery services and adapting them to a wider range of customer needs.
August 6, 2025USMCA Ensures No Tariffs on Most Canadian and Mexican Goods
President Donald Trump raised the tariffs on Canadian goods to 35% last week, but a key exemption for Canada and Mexico shields the vast majority of goods from the punishing duties.
August 6, 2025Rivian Deepens Loss Forecast as Fuel Credit Market Shrinks
The tax package that President Donald Trump signed into law last month included a rule change that attacked what’s been an important source of revenue for Rivian and Tesla for years.
August 6, 2025Carney Considers Select Rollback of Canada Counter-Tariffs
Canadian Prime Minister Mark Carney said he wants to maximize the impacts of retaliatory tariffs on the U.S. but minimize the pain for Canadian businesses.
August 6, 2025Eaton Q2 Profit Inches Lower as Costs Outpace Revenue Bump
Supply chain turmoil and an increase in tariffs globally are bolstering the costs of all industrial manufacturers — particularly those using aluminum, steel and copper, Eaton noted.
August 5, 2025Average Used Truck Price Rises for First Time in 2½ Years
A used Class 8 truck cost on average $60,324 in June, 10.4% more expensive than the year-ago retail price of $54,621 and 6.2% pricier than the $56,813 reported for May.
August 5, 2025Williams Sees LNG Share Topping 25% Of US Gas Market
The energy infrastructure company also sees years of robust demand for the fuel, which currently makes up about 15% of the market, according to CEO Chad Zamarin.
August 5, 2025