EU Prepares Two-Track Plan for Trump Trade Ties
The EU is exploring potential areas for deeper cooperation with the U.S., such as increased liquefied natural gas imports and closer alignment on addressing China’s trade practices.
Stakeholders Praise Trump USDOT Leader Nominee Sean Duffy
Transportation stakeholders are lining up to support President-elect Donald Trump’s selection to lead the U.S. Department of Transportation.
Deere Expected to Report Weakest Q4 Since 2020
Sales of agricultural tractors continued their decline in October, with U.S. sales falling about 14% from the previous year, the Association of Equipment Manufacturers said in a report.
Port Traffic Surging as Companies Rush to Beat Tariffs
Imports at the Port of Los Angeles last month totaled 462,740 20-foot-equivalent units, or TEUs. The port also handled 122,716 export containers and 319,570 empty containers in October.
Europe, US Push for Oil Funding Curbs Deal to Outlast Trump
The EU, US and other countries are hammering out a plan to throttle tens of billions of dollars of financial support for foreign oil and gas projects before Donald Trump moves into the White House.
EV Demand Could Drop 27% Without Tax Credit
Still, because EVs account for a small percentage of new car sales, removing the credit would have little impact on gasoline demand.
Trump Names Howard Lutnick as Commerce Secretary Nominee
Lutnick is a co-chair of Trump’s transition team, along with Linda McMahon, the former wrestling executive who previously led Trump’s Small Business Administration.
Trump Targets Auto Mileage Rules He Blasted as ‘EV Mandate'
The incoming Trump administration is looking to slash fuel-efficiency requirements for new cars and light trucks as part of plans to unwind Biden policies he has blasted as an “EV mandate."
Oil Glut Set to Thwart Trump’s Call to ‘Frack, Frack, Frack’
President-elect Donald Trump’s vows to “frack, frack, frack” are about to collide with a global crude glut that’s set to, finally, temper record shale production.
November 19, 2024Trump Chooses Former Congressman Sean Duffy for DOT Chief
Under Trump, DOT will take a lead role in reshaping federal infrastructure investment to align with the priorities of the incoming president and Republican congressional leaders.