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Government, Business

Trump Warns He Will More Than Double Tariffs on Chinese Imports

Donald Trump Trump's Twitter threat put a scare into the U.S. stock market May 6. (AP Photo/Alex Brandon)

President Donald Trump wrote in a May 5 tweet that he will dramatically increase tariffs on Chinese imports to 25% from 10%, starting May 10.

Dan Ronan | Associate News Editor
May 6, 2019
Government, Business, Safety, Fuel

Agreement Solidifies First Victory for Trump’s Attempts at ‘Infrastructure Week’

ATA video: Life Won't Wait Roads and bridges may crumble, traffic may back up for miles ... but life won't wait. (American Trucking Associations via YouTube)

The April 30 meeting between President Donald Trump and congressional Democrats produced an agreement on a $2 trillion infrastructure package. The next step, which will occur within the next three weeks, is to discuss funding. Here's your Capitol Agenda look ahead at the week for trucking on Capitol Hill.

Eugene Mulero | Staff Reporter
May 6, 2019
Government, Business, Technology, TCA

Bill Aims to Boost Electric-Car Battery Mineral Production

Batteries Batteries, like this Samsung one, are used to power electric vehicles. (SeongJoon Cho/Bloomberg News)

A group of U.S. senators is introducing legislation to boost domestic production of “critical minerals” that are often imported from China to make electric car batteries.

Keith Laing | The Detroit News
May 6, 2019
Government, Business

Amazon Fails to Get Williams-Sonoma Lawsuit Tossed

Amazon Chris Ratcliffe/Bloomberg News

Amazon.com failed to dodge a lawsuit that accused it of trying to trick shoppers into thinking it was an authorized reseller of Williams-Sonoma products.

Robert Burnson | Bloomberg News
May 3, 2019
Government, Business, Logistics

Goods-Trade Gap Widens to $71.4 Billion on Import Increase

Trade Qilai Shen/Bloomberg News

America’s merchandise trade deficit widened in March for the first time in three months as an increase in imports exceeded the rise in exports.

Katia Dmitrieva | Bloomberg News
May 3, 2019
Government, Business

House Republican Leader Kevin McCarthy Highlights P3s, Permit Streamlining

Kevin McCarthy Kevin McCarthy speaks at a press conference. (J. Scott Applewhite/Associated Press)

With Washington buzzing about infrastructure, Rep. Kevin McCarthy, the top Republican in the U.S. House of Representatives, expressed support for a comprehensive package that would incorporate potential contributions from the private sector and streamline the permitting process.

Eugene Mulero | Staff Reporter
May 3, 2019
Government, Business

Jobs Top Forecast at 263,000 Gain, but Wages Miss Estimates

Jobs Ty Wright/Bloomberg News

The U.S. economy accelerated its rebound from a recent soft patch as unemployment unexpectedly fell to a fresh 49-year low amid strong hiring and cooler-than-projected wage gains, suggesting the hot labor market can extend its run.

Jeff Kearns and Reade Pickert | Bloomberg News
May 3, 2019
Government, Business, Fuel

Minnesota Senate Strikes Proposed Fuel Tax Hike

Minnesota Senate Gov. Tim Walz speaks at a press conference. (Jim Mone/Associated Press)

A proposed 20-cent hike to the fuel tax did not survive the scrutiny of the Minnesota Senate, which passed a transportation finance bill May 1.

Eleanor Lamb | Staff Reporter
May 2, 2019
Government, Business

First-Quarter Productivity Rises 3.6% in Fastest Pace Since 2014

Luke Sharrett/Bloomberg News

Productivity gains in the United States accelerated by more than expected last quarter to the fastest pace since 2014, adding fuel to the Trump administration’s argument that its tax cuts are boosting the economy without stoking inflation.

Reade Pickert | Bloomberg News
May 2, 2019
Government, Business

House Speaker Nancy Pelosi Stresses Federal Funding in Infrastructure Plan

Nancy Pelosi Pelosi by J. Scott Applewhite/AP

A $2 trillion infrastructure package that congressional Democrats and President Donald Trump agreed to work on during this session of Congress should be backed primarily with federal funds, House Speaker Nancy Pelosi told reporters May 2.

Eugene Mulero | Staff Reporter
May 2, 2019

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