Donald Trump Transportation News Updates

Businesses and individuals paid the contested tariffs on approximately 53 million entries, according to information shared earlier by the government.

The Office of the U.S. Trade Representative will begin hearings in two investigations that are expected to lead to a new round of U.S. tariffs.

Budget airlines are seeking $2.5 billion from the Trump administration to offset rising fuel prices, offering warrants allowing the U.S. to buy equity stakes.

The U.S. Justice Department reclassified state-regulated marijuana as a less dangerous drug, a major shift that could dramatically increase legal cannabis sales.

Executives have been quietly warning that the massive disruption to energy supplies caused by the war could last months — even after the fighting stops.

About $300 billion worth of goods subject to U.S. tariffs are avoiding the levies annually and reaching the U.S. from Southeast Asia and Mexico.

President Trump said that while the U.S. would hold off on fresh attacks, it would maintain its blockade on the Strait of Hormuz. 

Asked on CNBC about companies filing for tariff refunds, Trump said, “It’s brilliant if they don’t do that. If they don’t do that, I’ll remember them.”

Spirit has considered offering the U.S. government an equity stake in the discount carrier to help stave off its potential liquidation.

Unlike other recent Cabinet departures, Chavez-DeRemer’s exit was announced by a White House aide, not by the president on his social media account.