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American businesses that rely on Chinese goods reacted with muted relief May 12 after the U.S. and China agreed to pause their exorbitant tariffs on each other’s products for 90 days.

Rodolphe Saade, CEO of CMA CGM SA, hailed a truce in the trade war between Washington and Beijing.

The U.S. collected a record amount of revenue from tariffs in April, helping to limit a further widening of the budget deficit.

President Donald Trump is expected to sign a trio of new executive actions designed to reduce the impact of regulations — part of an effort the White House has said will spur economic growth.

Lack of clarity on how the Trump administration will address much-needed incentives for crop-based fuels in the next few years has added to concerns.

The group claims that FHWA ran afoul of its authority by blocking the funds, which were approved by Congress as part of the Infrastructure Investment and Jobs Act of 2021.

EPA is reconsidering the GHG3 rule and California emission waivers, signaling a shift toward less stringent regulations that may reshape the trucking industry's future.

President Donald Trump on May 9 floated cutting tariffs on China from 145% to 80% ahead of a weekend meeting among top U.S. and Chinese trade officials as he looks to de-escalate the trade war.

Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer are set to meet in Switzerland with Chinese Vice Premier He Lifeng on trade in the coming days.

Median expectations for inflation three years from now rose to 3.2% in April, the highest reading since July 2022. Estimates for year-ahead price growth, however, held steady.