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Wall Street Shaken by Trump-Musk Feud: No One Knows Where Tesla Will Land

The clash between President Donald Trump and Elon Musk has pushed Tesla to the edge: the stock plunged more than 14% in a single day, wiping out $153 billion in market value. As the fight escalates—politically, financially, and personally—markets are rattled and short-sellers are cashing in. Tensions between U.S. President Donald Trump and entrepreneur Elon […]

Trump’s New Travel Ban Sparks Concerns in U.S. Transport and Logistics Industry

President Donald Trump signed a new executive proclamation this week reinstating migration restrictions on citizens from 19 countries, citing national security threats and inadequate information-sharing protocols. resident Donald Trump signed a new executive proclamation this week reinstating migration restrictions on citizens from 19 countries, citing national security threats and inadequate information-sharing protocols. The measure, which […]

Trump Doubles Steel and Aluminum Tariffs: Trucking Industry Braces for Ripple Effects

President Donald Trump has doubled tariffs on imported steel and aluminum to 50%, reigniting his hardline trade agenda and raising alarms across U.S. industries. Economists warn the move, effective Wednesday, could drive up manufacturing costs and hit key sectors like commercial trucking and freight. President Donald Trump has doubled tariffs on imported steel and aluminum […]

DOT sued for linking funds to immigration policy

Twenty democratic attorneys general sue Department of Transportation over tying funds to Trump-era immigration policies. A coalition of 20 state attorneys general, led by California, filed a federal lawsuit on May 13 against the U.S. Department of Transportation (DOT) and its Secretary, Sean Duffy, for conditioning infrastructure funding on compliance with immigration policies promoted by […]

U.S. and China agree to 90-day tariff reduction to ease trade tensions

The United States and China have announced a temporary rollback of tariffs on each other’s goods, offering a crucial pause in a long-running trade war that has strained global markets and disrupted supply chains. In a surprising turn of events, the United States and China have agreed to a temporary truce in their ongoing trade […]

Trump signals possible tariff relief as U.S.–China talks loom

As top negotiators from the United States and China prepare to meet, President Donald Trump has hinted at the possibility of easing tariffs that have strained global markets and rattled businesses worldwide. President Donald Trump has suggested that U.S. tariffs on Chinese goods — currently as high as 145% — could soon be reduced. “You […]

Chinese influencers go viral in TikTok to challenge Trump tariffs and promote direct buying

TikTok users in the United States are encountering a surge of videos from Chinese influencers encouraging American consumers to bypass former President Donald Trump’s tariffs by purchasing directly from China, often referred to as “the world’s factory.” These influencers, frequently filming inside Chinese factories that claim to supply major U.S. brands like Lululemon Athletica Inc. […]

“Don’t Be a PANICAN”: Trump Calls for Strength in a Turbulent Trading Day

The New York Stock Exchange had a day marked by uncertainty following steep declines in Asia and Europe. The President of the United States ruled out any suspension of his tariff policy. Wall Street experienced a rollercoaster session Monday, as a fleeting rebound gave way to renewed anxiety after the White House shot down reports […]

How the Latest Trump Tariffs Could Impact Trucking

Tariffs will only apply to light-duty vehicles, exempting medium- and heavy-duty commercial trucks. Nevertheless, the new 10% “reciprocal” tariff could affect the freight transportation industry. President Donald Trump’s newly announced reciprocal tariffs on April 2 have raised concerns about the economy and the freight recovery. These tariffs, higher than expected, could impact the logistics sector […]

Reciprocal tariffs announced by Trump aim to revitalize industry, but may raise some prices

On the so-called “Liberation Day,” the U.S. president imposed tariffs on products from countries that also impose high tariffs on U.S. goods. “They charge us, we charge them,” he said. But how might this impact the country? U.S. President Donald Trump announced on Wednesday the imposition of “reciprocal” tariffs against dozens of countries, including the […]