US Slaps 25% Tariff on Heavy-Duty Trucks Starting Nov 2025
The US will impose 25% tariffs on imported medium and heavy-duty trucks starting November 2025, impacting global trade and Asian manufacturers.
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Long Beach Port Warns of 20% Cargo Drop Amid Tariff Tensions
The Port of Long Beach anticipates a 20% cargo volume decline by late 2025 if tariff negotiations stall, signaling risks to global supply chains and product availability.
Trump’s Auto Tariffs Spark Transatlantic Tensions: Europe Vows Countermeasures
U.S. imposes 25% tariffs on imported vehicles, triggering European backlash and fears of a looming trade war. Industry leaders warn of economic fallout.