China鈥檚 Commerce Ministry said May 2 that Beijing is evaluating multiple approaches by the Trump administration for trade talks, but steep tariffs imposed by Washington must go.
May 2, 2025Tariffs News Updates
Keep up with the latest insights into tariffs news with Transport Topics coverage. Our reporters are digging deep to find the most timely, relevant, and actionable information for everyone in logistics. Stay informed on US industry trends, canada tariff market shifts, and key developments that impact trucking and logistics professionals.
GM Cuts Workers at Canada Truck Plant, Citing Trade Turmoil
A General Motors assembly plant in Canada that makes pickup trucks mostly for export to the U.S. will cut down to two shifts from three because of the 鈥渆volving trade environment.鈥
May 2, 2025Small-Package Tariff Exemption Ends Today
Small-value packages shipped to the U.S. from China will no longer be exempted from tariffs starting May 2, when President Donald Trump鈥檚 move against the de minimis exemption takes effect.
May 2, 2025Chevron Cuts Buybacks and Exxon Sits Tight as Oil Plunges
Chevron and Exxon report earnings after oil prices tumble, indicating that President Donald Trump鈥檚 trade war is hurting a key U.S. industry he pledged to help.
May 2, 2025CN Railway Defies Tariffs Gloom, Keeps 2025 Growth Outlook
Canadian National Railway kept its financial outlook for 2025 intact despite rising economic risks, but management acknowledged that uncertainty is leaving many customers in limbo.
May 2, 2025Port Leaders Warn Tariffs to Bring 鈥楻adical Uncertainty鈥
Leaders of West Coast ports warned that a sharp drop in ship traffic tied to President Donald Trump鈥檚 tariffs on Chinese goods will threaten jobs, raise prices and ripple through the economy.
May 2, 2025Farm Machinery鈥檚 Slump Lingers as Tariffs Add Risks
Farmers are still delaying equipment purchases a President Donald Trump鈥檚 tariffs cloud demand for crops and risk further extending a yearslong slump in the sector.
May 1, 2025Ports Post Cargo Growth in March, but Possible Slowdown Looms
Container volume grew at U.S. ports in March despite uncertainty around tariffs.
May 1, 2025General Motors Trims 2025 Guidance
General Motors is lowering its profit expectations for the year as the carmaker braces for a potential impact from auto tariffs as high as $5 billion in 2025.
May 1, 2025EU to Present Trade Proposals to US Negotiators Next Week
The European Union is planning to share a paper with the U.S. next week that will set out a package of proposals to kick-start trade negotiations with the Trump administration.
May 1, 2025