General News
UAW Presses Lutnick to Slap Tough Tariffs on Truck Imports
Tariffs under Section 232 of the Trade Expansion Act are already in place for steel and aluminum and have compelled truck makers to increase their prices.
450 Workers Detained in Hyundai Georgia Plant Raid
The raid focused on the battery plant construction site and agencies are investigating allegations of unlawful employment practices and other serious federal crimes.
Tariff Red Tape Hits Small Businesses Hardest
Smaller firms in particular are struggling to cope with unprecedented requirements to trace paper trails for every widget and gadget, showing what’s in them and where they came from.
Trump Signs Order Finalizing Japan Tariff Pact With 15% Rate
President Donald Trump signed an executive order Sept. 4 implementing his trade agreement with Japan, under which the U.S. will impose a maximum 15% tariff on most of its products.
Mack Trucks Opens Order Book for Overhauled Anthem
Mack Trucks opened the order book for the revamped Anthem regional haul tractor Sept. 3, the company said.
Canada, US Explore Small Trade Agreements
Canada is facing tariffs on its steel, aluminum, auto and lumber exports, but minister Dominic LeBlanc didn't say whether quota limits in those sectors are part of the negotiations.
GM Scales Back Chevy Bolt EV Launch Amid Tax Credit Cuts
GM is bracing for the early expiry of $7,500 in consumer tax credits for the purchase of EVs added during the Biden administration that President Trump and the Republican Congress have cut.
Chinese Firms Fuel Europe’s New Warehouse Boom
The world’s two largest economies have yet to reach a trade deal, and manufacturers in China have been seeking alternative markets for their goods as they brace for higher U.S. tariffs.
Deadline for Fiscal 2026 Bills Closing In on Congress
Lawmakers returned from their August recess staring at a deadline to finalize fiscal 2026 funding for the federal government.
Canada’s Exports Rise Despite Trump Tariffs
The country’s trade shortfall with the world was C$4.9 billion ($3.5 billion) in July, according to Statistics Canada data released Sept. 4.
Jobless Claims Rise to Highest Level Since June
Initial claims increased by 8,000 to 237,000 in the week ended Aug. 30. The median forecast in a Bloomberg survey of economists called for 230,000 applications.
Trade Gap Hits 4-Month High as Firms Rush to Beat Tariffs
The surge in imports was driven by industrial supplies, which rose to the highest level in four months amid a surge in inbound shipments of gold.
Trump Asks Supreme Court to Save Sweeping Import Tariffs
The appeal calls for putting the case on a highly expedited schedule with arguments in early November, according to filings reviewed by Bloomberg.
Daimler Truck Seeks Investors for Torc Robotics Unit
The German truck maker is working with Bank of America Corp. to sound out potential investors interested in acquiring a minority stake in Torc, the people said.
DOT Moves to Add Fentanyl Tests for Commercial Truck Drivers
If the rule is finalized, DOT would amend its federal drug-testing program regulation (49 CFR Part 40) to include both substances. Public comments on the proposal are due Oct. 17.
Amazon at Odds With Delivery Partners Over Van Repair Bills
The dispute over repair bills is the latest dustup between the world’s largest online retailer and contract firms that hire drivers to deliver packages to Amazon shoppers.
Canada’s Envoys Head to DC After Fruitful Trump Conversation
The Canadian prime minister said more meetings are taking place in Washington involving officials including Michael Sabia, Canada’s top civil servant.
Trump Threatens to Scrap Trade Deals if Tariffs Fall
“If we don’t win that case, our country is going to suffer so greatly,” Trump told reporters in the Oval Office. “These deals are all done, I guess we’d have to unwind them.”
ConocoPhillips to Slash Up to 25% of Global Workforce
The majority of the oil giant’s job cuts, which are in the range of 20% to 25% of its roughly 13,000-strong workforce, will occur this year, the company said in an email Sept. 3.
Tyson Foods Supply Chain Head Departs Over Conduct Breach
Chief Supply Chain Officer Brady Stewart is departing the U.S. meat giant after taking certain actions that violated its code of conduct, the company said in a statement.