At an earlier White House event, Trump complained that Brazil had “been not good to us.” His decision on Brazil, Trump said, was “based on very, very substantial facts, and also past history.”

Policymakers pointed to “considerable uncertainty” about the timing, size and duration of the tariffs’ potential effects on inflation, the minutes showed.

Daimler Truck North America aims to increase its margins in the second half of the 2020s, accentuating a position as the key engine of growth for parent company Daimler Truck.

Momentum Commerce, which manages online sales for 50 brands in a variety of product categories and price points, said its Amazon sales plunged 41% year over year on July 8.

President Donald Trump unveiled a new round of tariff demand letters on July 9 with levies set to hit in August on imported goods from partners who fail to reach agreements with the U.S.

Thirty-three congressmen from 22 states are asking FMCSA to issue hours-of-service exemptions when emergency warnings are issued instead of waiting until after disaster strikes.

A group of small businesses that won an order finding President Donald Trump’s global tariffs illegal urged a federal appeals court to uphold that decision and block the trade levies.

Chipmaker Nvidia became the first public company to top $4 trillion in value on July 9 after two-year investor frenzy.

 Daimler Truck North America is taking aim at expanding its presence in the heavy vocational market while recognizing the challenge its rivals are lodging to its dominance in the over-the-road segment.

Dozens of freight and trucking stakeholders praised the recently enacted comprehensive tax and budget measure referred to as the “One Big, Beautiful Bill.”

The National Motor Freight Traffic Association is moving toward a density-based freight classification system in a major update that is set to go into effect July 19.

Cruise, the embattled self-driving car subsidiary of GM, has laid off 101 more employees across the Bay Area, marking the latest round of job cuts as the company scales back its robotaxi efforts.

President Donald Trump's lightning round of global trade negotiations with dozens of countries has yielded two deals, with the U.K. and Vietnam, and a framework for a deal with China.

Truck maker Paccar, parent company of Kenworth and Peterbilt, will lay off 175 employees in its Sainte-Therese, Quebec, plant over weakening demand, according to local union Unifor.

A Rivian-backed startup developing small electric vehicles was valued at $1 billion in a new investment from Greenoaks Capital, according to people familiar with the matter.

The latest production forecast for this year represents a drop of about 50,000 barrels a day from the Energy Information Administration’s previous projections in June.

Canada’s competition watchdog secured a court order to help its investigation into whether Amazon is abusing its dominant retail position in the market.

“Then he should resign immediately,” Trump said when asked about the allegations that Powell mischaracterized details about renovations at the Fed’s headquarters.

“I believe the tariff on copper we’re going to make it 50%,” President Donald Trump said when asked by a reporter what the rate on those products would be.

A spokesperson said the Michigan facility is on schedule to open next year and will ultimately employ 1,700 workers as the company had projected when it downsized the project in late 2023.