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Trump tells US steelworkers he’s going to double tariffs on foreign steel from 25% to 50%
WEST MIFFLIN, Pa. (AP) — President Donald Trump said Friday that he’s doubling the tariff rate on steel to 50%, a dramatic increase that could further push up prices for a metal used to make housing, autos and other goods. Trump spoke at U.S. Steel‘s Mon Valley Works–Irvin Plant in West Mifflin, Pennsylvania, near Pittsburgh […]
Appeals court allows Trump to continue collecting tariffs under an emergency powers law for now
A federal appeals court is allowing President Donald Trump to continue collecting tariffs under an emergency powers law for now.
Trump trade war faces legal challenge as businesses, states argue his tariffs exceeded his power
Trump's sweeping tariffs under emergency powers face lawsuits from states and businesses arguing he overstepped constitutional authority on trade.
Tariff talks begin between US and Chinese officials in Geneva as the world looks for signs of hope
U.S. and Chinese officials meet in Geneva to ease a growing tariff war, with global trade and economic stability hanging in the balance.
More warning signs emerge for US travel industry as summer nears
Expedia cites reduced U.S. travel demand for its weak Q1 revenue, as consumer confidence dips and tourism from Canada and abroad continues to decline.
Virginia unemployment claims rise amid federal layoffs
Virginia jobless claims rose in early May, with experts citing federal spending cuts, tariffs and contract reductions as key factors in the surge.
US trade deficit hits record high as businesses, consumers try to get ahead of Trump tariffs
U.S. trade deficit surged to a record $140.5B in March as businesses raced to import goods ahead of sweeping Trump tariffs, dragging on GDP growth.
Tariffs could add $500M to Dominion offshore wind project
Richmond-based Fortune 500 utility Dominion Energy says the cost of its Coastal Virginia Offshore Wind project in Virginia Beach could rise by about $500 million due to tariffs on imported goods imposed by President Donald Trump.
Buffett says US shouldn’t use ‘trade as a weapon’ as Trump has done with tariffs
Warren Buffett criticizes Trump’s tariffs, urges global trade, and shares insights on markets, succession plans, and Berkshire’s $347B cash reserves.
Truckers hope freight recession is finally ending
Virginia truckers eye regulatory rollbacks under Trump and hope a February freight bump signals recovery after the nation’s longest freight recession.
Tariffs spark uncertainty for Virginia port and shippers
Shipping and logistics companies and related maritime industries worry about the impacts of President Trump's global trade war and international tariffs. In a worst-case scenario, long-term tariffs on imports and exports would have a cascading effect, accumulating downstream across the economy, economists say.
Tariffs, politics drive uncertainty for shipping
Rising tariffs, Red Sea attacks, and labor costs create instability for shippers and could impact Port of Virginia operations and U.S. supply chain
