Sign In
Free Newsletter
Trump speaks with Xi amid stalled talks between the US and China over tariffs
U.S. President Donald Trump and Chinese leader Xi Jinping spoke amid stalled tariff negotiations that have roiled global trade.
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.
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.
Trump insults Canada ahead of its prime minister’s arrival at the White House
Trump gives new Canadian PM Mark Carney a cold welcome, questioning U.S. dependence on Canada amid rising trade tensions and sovereignty disputes.
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.
Ocean freight outlook 2025: tariffs, crisis fuel chaos
Ocean freight faces uncertainty in 2025 due to Red Sea crisis, U.S.-China tariffs, and overcapacity from new vessels and shifting port strategies.
Port of Virginia channel widening boosts ship traffic
Port of Virginia completes channel widening, enabling 2-way ship traffic and boosting cargo volumes as deepening continues and offshore wind grows.
Executive insights: Maritime leaders on tariffs, workforce development and more
DONALD MILLS President and general manager, Mills Marine & Ship Repair, Suffolk Virginia Business: How did you move from being employed at Huntington Ingalls Industries and Newport News Shipbuilding to starting your own business? Mills: At HII, I gained extensive hands-on experience, comprehensive industry insights and valuable professional relationships. This tenure taught me critical technic[...]
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
