economics

20 company reactions — good and bad — to Trump’s tariff war

As the U.S. tariff war escalates under the Trump administration, companies across industries are scrambling to adapt, with some seeing opportunity and others bracing for impact.

From automakers pausing production to tech giants reshuffling supply chains, the ripple effects of new trade policies are reshaping business strategies, investor expectations and global relationships. 

Here’s a sector-by-sector breakdown of how major players are reacting to the mounting pressure of tariffs and retaliatory...

https://www.freightwaves.com/news/20-company-reactions-good-and-bad-to-trumps-tariff-war

Mass layoffs in trucking are coming, says consulting firm

Apollo Global Management forecasts a severe U.S. recession triggered by recent tariffs, which will lead to widespread layoffs in the trucking and retail sectors amid rising economic uncertainty.

The report, available on Apollo’s website, paints a grim scenario:

The trucking industry, critical to U.S. logistics, faces significant challenges as tariffs disrupt trade, particularly with China. A sharp decline in container ship voyages from China is expected to reduce freight volumes, thereby lowering...

https://www.freightwaves.com/news/mass-layoffs-in-trucking-are-coming-says-consulting-firm

Liberation Day triggers panic mode for manufacturers

Despite solid fundamentals, sentiment in the U.S. manufacturing sector has mostly been informed by buzzy anxieties over economic growth.

Take durable goods, for example: After a surprising beat on new orders in January, analysts expected a correction in February. Instead, new orders for durable goods grew 0.9% month over month (m/m) against consensus expectations of a 1% m/m drop, while January’s growth was revised up to 3.3% m/m.

SONAR: U.S. core durable goods orders, in millions USD (white,...

https://www.freightwaves.com/news/liberation-day-triggers-panic-mode-for-manufacturers

Wholesaler association says impending tariffs may worsen inflation

The National Association of Wholesaler-Distributors (NAW) has expressed concerns over President Donald Trump’s impending tariffs – set to go into effect on Wednesday.

On March 26, Trump signed an executive order imposing 25% tariffs for all cars, light-duty trucks and certain auto parts imported into the U.S. These tariffs, along with a wider array of additional tariffs are planned for Wednesday.

A recent news release from the industry trade association highlighted potential negative impacts...

https://www.freightwaves.com/news/wholesaler-association-says-impending-tariffs-may-worsen-inflation

Global manufacturing is repositioning — but it’s complicated

The shifting dynamics of global manufacturing and supply chain strategies have created an unprecedented moment of change for logistics professionals, businesses and policymakers alike. The China Plus One strategy, which encourages companies to diversify their manufacturing footprint beyond China, has gained traction due to rising labor costs, trade policy uncertainties and geopolitical tensions. 

However, as highlighted in discussions with Dimerco Express Group executives and industry experts,...

https://www.freightwaves.com/news/global-manufacturing-is-repositioning-but-its-complicated

Industrial outlook darkens ahead of tariffs

In the run-up to Tuesday’s promised barrage of tariffs against Mexico, Canada and China, the U.S. industrial sector is not looking so hot — a dark omen for domestic freight demand.

Unstable foundations for housing

For one, construction spending took an unexpected hit in January, down 0.2% from December against consensus expectations of stability. Outlays for private residential projects fell 0.4%, despite a 0.6% monthly rise in single-family spending.

SONAR: Total U.S. construction spending, in...

https://www.freightwaves.com/news/industrial-outlook-darkens-ahead-of-tariffs

Trucking groups praise DOT termination of NY congestion tolls

The U.S. Department of Transportation has terminated New York City’s congestion pricing plan, drawing praise from the Owner-Operator Independent Drivers Association and a vow from the city to fight the decision.

In a DOT news release announcing the decision on Wednesday, Transportation Secretary Sean Duffy said the tolls were a “slap in the face to working class Americans and small business owners.”

“Commuters using the highway system to enter New York City have already financed the construction...

https://www.freightwaves.com/news/trucking-group-praises-dot-termination-of-ny-congestion-tolls

Grupos de camiones Alabanza la terminación de puntos de la congestión de Nueva York.

El Departamento de Transporte de los Estados Unidos ha terminado el plan de precios de congestión de la ciudad de Nueva York, recibiendo elogios de la Asociación de conductores independientes de propietarios y operadores y un voto de la ciudad para luchar contra la decisión. En un punto comunicado...

https://fullavantenews.com/grupos-de-camiones-alabanza-la-terminacion-de-puntos-de-la-congestion-de-nueva-york/?lang=es

Can the US consumer survive a trade war?

Reading the latest headlines, one might expect the U.S. economy to be barrelling into a recession or even depression. The chaotic uncertainty of President Donald Trump’s trade approach — what his supporters might call “the art of the deal” — has given businesses whiplash and set many markets to panicking.

But should consumers be afraid?

No, probably not. If they were able to keep pace with the incredible inflation of the early pandemic, consumers should be able to weather any storm kicked up by...

https://www.freightwaves.com/news/can-the-us-consumer-survive-a-trade-war

¿Puede el consumidor estadounidense sobrevivir a una guerra comercial?

Al leer los últimos titulares, uno podría esperar que la economía estadounidense se acerque a una recesión o incluso depresión. La incertidumbre caótica del enfoque comercial del presidente Donald Trump, lo que sus partidarios podrían llamar «el arte del acuerdo», le ha dado a las empresas un...

https://fullavantenews.com/puede-el-consumidor-estadounidense-sobrevivir-a-una-guerra-comercial/?lang=es

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