Government, Business, Logistics

Trump Says He'll Drop Mexico Tariff as Deal Reached on Migrants

President Donald Trump Trump had planned a 5% tariff on all Mexican imports to the U.S. that the president said could have increased to 25% by October.(Al Drago/Bloomberg News)

President Donald Trump said he would drop plans for tariffs on Mexico that he’d been threatening to impose for the past week after the country promised new steps to stem an influx of illegal migration into the U.S.

June 7, 2019
Government, Business, Logistics

Trump Sees ‘Good Chance’ of Deal With Mexico to Avert Tariffs

President Donald Trump Trump says Mexico will begin paying 5% tarrifs on June 10 if a deal is not reached before then. (Andrew Harrer/Bloomberg News)

President Donald Trump said there’s a “good chance” the United States will reach agreement to avert imposing trade tariffs on Mexico slated to take effect June 10, and that the deal would require the country to buy more U.S. agricultural products.

Josh Wingrove | Bloomberg News
June 7, 2019
Government, Business, Logistics

Mexico Tariff Would Have ‘Significant’ Negative Impact, Ford Says

Jim Hackett Ford President and CEO Jim Hackett (Jeff Kowalsky/Bloomberg News)

Ford Motor Co. would feel a serious impact if tariffs are levied on the cars, engines and transmissions it imports from Mexico, but a top executive at the automaker expressed optimism the trade dispute can be resolved without lingering damage.

Keith Naughton | Bloomberg News
June 6, 2019
Government, Business, Logistics

Exports, Imports Plummet as US Trade Deficit Narrows

Trade Patrick T. Fallon/Bloomberg News

The U.S. trade deficit narrowed in April as exports and imports tumbled, highlighting the impact of President Donald Trump’s tariffs even before negotiations with China unraveled and he threatened levies on Mexican goods.

June 6, 2019
Government, Business

US-Mexico Showdown Puts $45 Billion Food Trade in Crosshairs

Farming Chris Ratcliffe/Bloomberg News

Meat and grains, fruits, vegetables and even sugar. These are the dinner-table goods that are regularly imported back and forth between Mexico and the United States.

June 5, 2019
Government, Business, Logistics

Trump Says 'No Bluff!' On the Mexico Tariffs

Mexico Trucks wait to cross the US-Mexico border. (Paul Ratje/Bloomberg News)

Republican lawmakers eager to halt a new round of tariffs on Mexican goods next week have spent days urging the Trump administration to negotiate a solution with Mexico’s government.

Erik Wasson | Bloomberg News
June 5, 2019
Government, Business

Trump Tariff on Mexican Oil Could Hit Gulf Refiners

Mexico Susana Gonzalez/Bloomberg News

U.S. oil refiners could get hit if crude is included in President Donald Trump’s threatened 5% tariff on Mexican goods, although the effect may be tempered by their growing fuel exports.

David Marino | Bloomberg News
May 31, 2019
Business, Logistics

BMW Factory Caught in Trump’s Mexican Standoff

BMW Construction on a BMW plant underway in Mexico. (Susana Gonzalez/Bloomberg News)

President Donald Trump’s vow to impose a 5% tariff on Mexican goods comes just in time to hit exports from a $1 billion BMW AG factory that opens in the country next week.

Oliver Sachgau | Bloomberg News
May 31, 2019
Government, Business, Logistics

Trump to Impose Tariff Until Mexico Stops Migrant Flood Into US

President Donald Trump President Trump on the White House lawn May 30 by Win McNamee/Getty Images

President Donald Trump said that he would impose a 5% tariff on Mexican goods until that country stops immigrants from entering the U.S. illegally.

May 30, 2019

J.B. Hunt Adds First Enterprise Sales Office in Mexico

J.B. Hunt headquarters The new J.B. Hunt Mexico office will consolidate sales, operations and customer support for intermodal and highway services into one centralized location in the country. (TruckPR/Flickr)

J.B. Hunt Transport Services Inc. announced subsidiary J.B. Hunt Mexico opened an “enterprise sales branch” in Santiago de Querétaro, Querétaro, Mexico, the first such office in the country for the company.

May 3, 2019