As recently as five weeks ago, a ton of steel was selling for less than $700. But by this week, prices were as high as $1,000.

"The EU wasn’t formed to screw anyone," Polish Prime Minister Donald Tusk wrote on X February 27.

Adding FTZ or bonded warehousing capabilities can have a huge impact for 3PL providers, particularly in areas with high volumes of international trade.

U.S.-based companies are also likely to suffer because of reciprocal tariffs imposed by America’s trading partners in retaliation, threatening profit from exports. 

On top of grappling with a punishing environment for EVs, Nikola also dealt with weak sales and cycled through CEOs in the wake of a fraud scandal.

Two attorneys from Dykema discuss how U.S. automotive importers will be affected by new tariffs imposed by the Trump administration.

Retailers are likely to oppose the action, arguing that the added costs would eventually have to be passed on to consumers.

One dealer is not even stocking 2025 models of heavy-duty trucks.

Over the last year, Nikola began to lose hundreds of thousands of dollars for each vehicle it sold as it attempted to scale up its production.

Prices will rise, maybe wages will too. The question is whether Trump’s new tariff regime will pay off.