The deficit represents a sharp reversal from the $27 billion surplus in June 2025 that the administration touted as evidence of tariff success.

South Bow would also agree to pay another $40 million to guard against future oil spills, as well as $3 million to Kansas for environmental restoration projects.

Truckload and LTL rates have roared back to life as capacity has fled the market due to tighter government regulations, driver shortages, skyrocketing fuel prices and aging equipment.

The Industrial Accelerator Act bites hardest in sectors where Europe feels most strategically vulnerable: EV batteries, grid equipment, industrial automation, low-carbon steel and semiconductor packaging.

U.S. electrical manufacturers are looking to get around heavy tariffs and geopolitical strife by taking action to promote domestic production.

What does the coming of HS 2028 on January 1, 2028 mean for companies involved in international trade?

The commission is especially worried about the dependencies European operators continue to have on Chinese suppliers, particularly in the field of chips and rare earth minerals.

More than 28,000 CDLs deemed to have been issued illegally have been revoked as of May 1, according to the U.S. Department of Transportation.

Shipowners are increasingly having to weigh not only whether to cross, but which route to choose, for fear of angering one side or the other.

Supply chain risks tied to microelectronics processors, firmware, packaging and component provenance increasingly affect overall security and operations in the enterprise.