Latest News Updates From Bloomberg News

GovernmentBusinessLogisticsPrivateGlobal Freight

Trump Trade War Sparks Run on US Warehouses

U.S. importers looking to sidestep Trump administration tariffs are seeking space in a type of warehouse that lets them stash merchandise for as long as five years without paying duties.

April 16, 2025
GovernmentBusinessTechnologyEquipmentSafetyLogistics

US-China Trade War Intensifies With No End in Sight

On April 9, Trump ratcheted up pressure on China, raising the import duty to 125%, even as he announced a 90-day pause on reciprocal tariffs for dozens of other trade partners.

April 9, 2025
BusinessLogisticsPrivate

Thyssenkrupp Weighs Exit Options for Logistics Unit

Thyssenkrupp is exploring exit options for its materials trading unit that could be valued at as much as $2.2 billion in a deal, as the industrial conglomerate looks to streamline operations.

April 9, 2025
GovernmentBusinessTechnologyLogistics

Tariff Fears Drive Surge in Consumer Spending

Trump鈥檚 tariffs are rattling U.S. consumers, who are stocking up on everything from cars to olive oil and iPhones. The behavior offers some good news for scrambling businesses.

April 8, 2025
GovernmentBusinessTechnologyLogistics

Xi Declares China Ready to Fight Trump鈥檚 Trade Tariffs

President Xi Jinping鈥檚 decision to quickly retaliate against Donald Trump鈥檚 sweeping tariffs sent the world a clear message: If the U.S. wants a trade war, China is ready to fight.

April 7, 2025
GovernmentBusinessEquipment

Carmakers Stop Plants, Ponder Prices as Trump鈥檚 Tariffs Hit

Just hours after taking effect, President Donald Trump鈥檚 25% tariffs on imported cars were already reverberating around the globe.

April 4, 2025
GovernmentBusinessFuel

OPEC+ Deepens Oil Price Slump by Accelerating Supply Hike

OPEC+ agreed to make a larger than expected oil supply hike in May, deepening the slump in oil prices triggered by President Donald Trump鈥檚 tariffs.

April 3, 2025
GovernmentBusinessEquipment

GM, Hyundai Sales Rise as Trump Tariff Fears Spur Car Buying

This past weekend was 鈥渂y far the best weekend I鈥檝e seen in a very long time,鈥 said Randy Parker, the CEO of Hyundai and Genesis in North America.

April 1, 2025
GovernmentBusinessEquipment

Most Carmakers Stand to Feel Pain From Trump's Auto Tariffs

As the fallout from President Donald Trump鈥檚 tariff plans comes into relief, a harsh truth is emerging for the automotive industry: There are lots of losers and not many winners.

March 27, 2025
GovernmentBusiness

Trump Weighs Imposing Copper Import Tariffs in Weeks

U.S. tariffs on copper imports could be coming within several weeks, months earlier than the deadline for a decision, according to people familiar with the matter.聽

March 26, 2025