Amin Nasser by F. Carter Smith/Bloomberg Global oil demand will hit a record this year as Asian countries, particularly China and India, continue to expand consumption, said the head of the world’s biggest oil producer, Saudi Aramco. Oil use is set to rise by 1.3 million barrels a day this year to just over 106 ...more
Two Waymo driverless taxis stop before passing one another on a San Francisco street. (Terry Chea/AP/File) Uber will shift into a new gear in Austin, Texas, on March 4 when its ride-hailing service will begin dispatching self-driving cars to pick up passengers. The autonomous option is being provided through a partnership that brings together Uber ...more
Soft red winter wheat in a field in Kirkland, Ill. Imports of U.S.-grown chicken, wheat, corn and cotton will face an extra 15% tariff. (Daniel Acker/Bloomberg News) BEIJING — China responded to new U.S. tariffs by announcing March 4 it will impose additional tariffs of up to 15% on imports of key U.S. farm products, ...more
President Claudia Sheinbaum of Mexico. (Stephania Corpi/Bloomberg) MEXICO CITY — Mexico President Claudia Sheinbaum said March 4 that Mexico will respond to 25% tariffs imposed by the United States with its own retaliatory tariffs on U.S. goods. Sheinbaum said she will announce the products Mexico will target March 9 in a public event in Mexico ...more
The IDT response truck will patrol Interstate 90, which is heavily traveled and experiences traffic congestion because it is a link to Spokane, Wash. (Idaho Transportation Department) A new Idaho Transportation Department roadside patrol has been launched along the Interstate 90 freight corridor to more quickly aid motorists in need of assistance. “We are excited ...more
Sunlight shines through the flags of Canada and the United States, held together by a protester outside on Parliament Hill in Ottawa on Feb. 1.(Justin Tang/The Canadian Press via AP/File) WASHINGTON — President Donald Trump’s long-threatened tariffs against Canada and Mexico went into effect March 4, putting global markets on edge and setting up costly ...more
Canadian Prime Minister Justin Trudeau by Nathan Laine/Bloomberg News The Canadian government announced a sweeping package of counter-tariffs against U.S.-made products after President Donald Trump confirmed that his administration will go ahead with levies against Canada and Mexico on March 4. “Canada will not let this unjustified decision go unanswered,” Prime Minister Justin Trudeau said ...more
The reopened section of Interstate 40 in the Pigeon River Gorge in western North Carolina. The state has instituted a 35 mph speed limit for its stretch. The limit is 40 mph on the 5-mile segment in Tennessee. (NCDOT via LinkedIn) A stretch of Interstate 40 that serves as a freight route between North Carolina ...more
The U.S. imported a record $11.7 billion in beef and derived products last year. (Yuki Iwamura/Bloomberg News) President Donald Trump’s tariffs are coming for American food, hurting consumers already contending with sky-high grocery costs after years of supply-chain disruptions. Plans to impose duties on American agriculture imports will boost the price of fruit and vegetables, ...more
The Par Montana refinery, located outside Billings, Mont., processes crude oil from western Canada. (Matthew Brown/Associated Press) The world’s supply lines for cargoes of oil and fuel, which typically crisscross the globe, are about to get redrawn thanks to U.S. President Donald Trump’s sweeping tariffs. Crude from Mexico, which supplies U.S. Gulf refiners, will be ...more
