TARIFFS

Trump to impose 50% tariff on imported steel

President Donald Trump announced Friday that he will be doubling tariffs on imported steel.

Trump said during a visit to a Pittsburgh-area steel mill that he would increase the tariff to 50%, upping the levy to protect steelworker jobs in the U.S.

“We are going to be imposing a 25% increase,” Trump said from the U.S. Steel facility in West Mifflin, Pennsylvania. “We’re going to bring it from 25% to 50%, the tariffs on steel into the United States of America, which will even further secure the...

https://www.freightwaves.com/news/trump-to-impose-50-tariff-on-imported-steel

Blitz week breakdown: top violations; authority approvals down 50%; tariffs? | WHAT THE TRUCK?!?

On episode 844 of WHAT THE TRUCK?!? Dooner is catching up with SearchCarrier’s Garrett Allen. His new site allows you to easily look up any carrier and see how often it’s been put out of service, inspected and more. We’re also diving into his blitz week dashboard to break down this year’s top violations.

Konexial’s Jerry D’Addesi on the latest in AI load matching, double broker prevention and edge computing.

Is the FMCSA starting to take freight fraud more seriously? After FMCSA’s identity...

https://www.freightwaves.com/news/blitz-week-breakdown-top-violations-authority-approvals-down-50-tariffs-what-the-truck

Market Report: Market sentiment wanes again as courts give tariffs temporary reprieve

  • US courts keep tariffs on table for now
  • FTSE opens up. Asian stocks and US futures down
  • US initial jobless claims higher than expected, PCE inflation the focus for today
  • Dai-ichi Life HD to take 15% stake in M&G in strategic partnership
  • Dollar gains reverse on tariff flip flop
  • Uncertainty weighs on oil prices

Derren Nathan, head of equity research, Hargreaves Lansdown:

“When it comes to global trade right now the only certainty is uncertainty. Just a day after US courts halted the lion’s share...

https://allaboutshipping.co.uk/2025/05/30/market-report-market-sentiment-wanes-again-as-courts-give-tariffs-temporary-reprieve/

Appeals court stays ruling that blocked Trump tariffs

A federal appeals court on Thursday temporarily stayed a trade court ruling that blocked most of President Donald Trump’s tariffs. 

The ruling by the U.S. Court of Appeals for the Federal Circuit came after the Trump administration earlier told the court that it would ask the Supreme Court for “emergency relief” as soon as Friday absent a pause in the tariff ruling.

The administration is now expected to argue that it is granted broad powers under the law to levy tariffs and other duties.

The stay...

https://www.freightwaves.com/news/appeals-court-stays-ruling-that-blocked-trump-tariffs

Appeals court halts trade court’s tariff injunction: What it means for freight

By Matthew Leffler

The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.

In a seismic ruling on Wednesday, the United States Court of International Trade (CIT) delivered a stinging defeat to President Donald Trump’s aggressive tariff policies, striking down a series of import duties imposed under the International Emergency Economic Powers Act (IEEPA). The cases, V.O.S. Selections, Inc. v. United States and Oregon v....

https://www.freightwaves.com/news/appeals-court-stays-trade-courts-tariff-injunction-what-it-means-for-freight

This railroad has 100 extra locomotives ready to handle a container surge

While U.S. logistics providers wait out the post-trade war lull in import shipments, BNSF Railway is setting up its network to handle an expected surge following a pause in tariffs between China and the United States.   

“I guess probably the most overused words in logistics is this ‘air pocket’ that hit us the last couple of weeks,” said Jon Gabriel, group vice president, Consumer Products, for Omaha, Nebraska-based BNSF, in an interview. “Now, we do have some line of sight on shipments that...

https://www.freightwaves.com/news/this-railroad-has-100-extra-locomotives-ready-to-handle-a-container-surge

Canada, China praise court ruling striking down Trump’s tariffs

Global leaders and some trade stakeholders are reacting positively to a U.S. federal court ruling blocking many of the recent tariffs imposed by President Donald Trump.

The Court of International Trade (CIT) ruled on Wednesday that the Trump administration overstepped its authority by using a 1977 federal economic emergency law to justify the tariffs. 

According to the court, the law does not specify tariffs as a tool available to the president to protect the U.S. from economic threats.

The ruling...

https://www.freightwaves.com/news/canada-china-praise-court-ruling-striking-down-trumps-tariffs

The courts are unlikely to end the trade war

 Legal powerhouses section 122 and 338 offer upside

Yesterday,  a U.S. court struck down President Trump’s “Liberation Day” tariffs under the International Emergency Economic Powers Act (IEEPA), calling them unconstitutional and stopping 10% global tariffs and higher levies on China, Canada, and Mexico. The ruling, citing IEEPA’s misuse for trade imbalances, cut the U.S. tariff rate from 27% to 17.8%. 

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https://www.freightwaves.com/news/the-courts-are-unlikely-to-end-the-trade-war

US tariff turmoil is not over: Trump has other levers to pull in trade wars and bring further confusion to global supply chains

OSLO, Norway – 29 May 2025

The decision of the U.S. Court of International Trade to deem Trump’s sweeping tariffs as unlawful is good news for shippers – but it could signal the beginning of the next era of confusion in global supply chains.

Insight from Emily Stausbøll, Xeneta Senior Shipping Analyst:

“The court decision to deem the sweeping tariffs unlawful is clearly positive news for shippers who have faced extraordinary increases in the cost of importing goods into the US, but this should...

https://allaboutshipping.co.uk/2025/05/29/us-tariff-turmoil-is-not-over-trump-has-other-levers-to-pull-in-trade-wars-and-bring-further-confusion-to-global-supply-chains/

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