“I believe the tariff on copper we’re going to make it 50%,” President Donald Trump said when asked by a reporter what the rate on those products would be.
July 8, 2025Search
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Ford Battery Plant Clears Hurdle With Tax Credit Win
A spokesperson said the Michigan facility is on schedule to open next year and will ultimately employ 1,700 workers as the company had projected when it downsized the project in late 2023.
July 8, 2025Lucid Sets Record 749-Mile Run Off Single Charge
An electric car by U.S. manufacturer Lucid has broken the record for the longest journey off a single charge, traveling 749 miles from St. Moritz to Munich.
July 8, 2025Wabtec to Buy Wheel Sensor Maker in $790 Million Deal
Fresh off its $1.78 billion acquisition of an inspection technology firm, Wabtec said July 7 that it is buying Austrian wheel sensor maker Frauscher Sensor Technology Group.
July 8, 2025Trucking Fleets Navigate Tire Costs and Performance
As one of the top expenses for trucking companies of all types and sizes, tires go a long way toward determining a motor carrier’s profitability and success.
July 8, 2025Trump Says Aug. 1 Tariff Deadline Won’t Be Extended
President Donald Trump said he would not offer any extensions to a new Aug. 1 deadline for nations to begin paying so-called reciprocal tariffs.
July 8, 2025Diesel Price Edges Up 1.2¢ to $3.739 a Gallon
The national average diesel price showed a modest post-holiday uptick, rising 1.2 cents a gallon to $3.739 a gallon, according to U.S. Energy Information Administration data released July 8.
July 8, 2025Daimler Truck to Double Defense Business, Cut 5,000 Jobs
Daimler Truck said it plans to double the size of its defense business by 2030 as it seeks to profit from higher military spending globally, and will cut 5,000 jobs in Germany.
July 8, 2025A Look at the 14 Countries That Received Trade Letters
Here's a look at the 14 countries that received letters from President Donald Trump outlining higher tariffs they’ll face if they don’t make trade deals with the U.S. by Aug. 1.
July 8, 2025Some Sellers Sit Out Amazon Prime Day Over Tariffs
Amazon’s Prime Day is slamming into President Donald Trump’s trade war, with ever-shifting tariffs prompting some brands to sit out the sale and some shoppers hinting they plan to pull back.
July 8, 2025