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The move is the latest in a rapidly widening trade war as Trump delivers on his campaign pledges to institute sweeping tariffs on U.S. allies and rivals alike.

“We have more energy than any other country and now we are unleashing it,” President Donald Trump said as he signed executive orders in the Oval Office on Feb. 14.

President Donald Trump has issued an executive order to reduce regulations. The action could affect truck safety initiatives.

World farm machinery leader John Deere said the agriculture economy is finally showing signs of turning around, although looming tariffs could upend the nascent recovery.

The State Department’s procurement forecast removed the mention of Elon Musk’s Tesla  in relation to a planned $400 million armored EV purchase after reports emerged about it on Feb. 12.

Bank of Canada officials acknowledged that the economic uncertainty created by a potential trade battle supported their decision to cut interest rates last month.

EU trade chief Maros Sefcovic spoke with three top members of U.S. President Donald Trump’s incoming administration on how to find a solution to the brewing transatlantic trade dispute.

It’s now unclear whether Ohio will build any more of the federally funded charging stations, as President Donald Trump’s team has directed all states to halt new spending of the money.

Among the options being floated if the Trump administration moves to strike EV incentives is a three-year wind down to allow more time for the companies to adjust their businesses.

Expected inflation five years ahead rose to 3% last month, the highest since May 2024, according to results of the New York Fed’s Survey of Consumer Expectations published Feb. 10.