Canadian trucking group: ‘Nuclear winter’ may hit Canada-US freight

Seven out of 10 Canadian trucking companies have seen loads to the U.S. paused or canceled outright in the wake of recently imposed tariffs, according to a survey by the Canadian Trucking Alliance.

In addition, executives at 60% of the CTA’s carrier members said a long trade war would pose a serious risk to operations, and 8% reported laying off workers.

Key exports that have been delayed or canceled include farm equipment, fertilizer, lumber, tires, food and oil products, the organization...

https://www.freightwaves.com/news/canadian-trucking-group-nuclear-winter-may-hit-canada-us-freight

Trucking lobby warns against Trump’s tariffs on Mexico and Canada

The American Trucking Associations sees danger ahead for the trucking industry unless the Trump administration changes course on the latest tariffs imposed on Mexico and Canada.

In a statement, ATA President and CEO Chris Spear underscored support for the administration in taking action to combat both illegal drugs and illegal immigration that flow across the border – which is why President Donald Trump says he has allowed the new tariffs on the two countries, along with China, to go into effect...

https://www.freightwaves.com/news/trucking-lobby-warns-against-trumps-tariffs-on-mexico-and-canada

Breaking down Trump’s tariffs

WASHINGTON — The import tariffs imposed by President Donald Trump on Canada (25%), Mexico (25%) and China (10%) over the weekend to coerce those countries into shutting down illegal immigration and drug trafficking will likely cause at least some short-term pain for American consumers, according to economists.

Based on data from 2023 compiled by Trading Economics, below is a list of the top 10 imports from each of the three countries – which are also the largest U.S. trading partners – along...

https://www.freightwaves.com/news/breaking-down-trumps-tariffs

White House: Expect first tariffs on Saturday

WASHINGTON — Mexico and Canada will see a 25% tariff on imports into the U.S. starting on Saturday if President Trump holds to his word.

The memorandum outlining his administration’s “America First Trade policy” does not set a specific date that the tariffs will take effect, but rather directs federal departments and agencies with tariff oversight to provide reports and make recommendations by April 1.

After issuing the memo, however, Trump told reporters they would go into effect on Feb. 1, and...

https://www.freightwaves.com/news/white-house-expect-first-tariffs-on-saturday