Many producers staved off price increases when U.S. alcohol sales are already suffering from affordability issues, the rise of alternatives like cannabis drinks and shifting drinking habits. Francis Creighton, CEO of trade body Wine & Spirits Wholesalers of America, said its members were helping ​customers refresh their wine lists and cocktail programs, including by offering … Read More

Riley wanted to put the brakes on that trend by opening his own factory in the United States. Now, he’s asking the Trump administration to give his bikes a push, by imposing higher tariffs on foreign competitors. It could become a test case of the administration’s strategy of using import taxes to promote domestic manufacturing. … Read More

Despite raising tariffs to an 80-year high last year, the Trump administration’s International Emergency Economic Powers Act (IEEPA) duties had muted impacts on America’s overall economic standing. While they ballooned from an average of 2.4 percent to 9.6 percent over the course of 2025, certain key factors mitigated their impacts, according to a newly released … Read More

Two U.S. senators, a Democrat and a Republican, urged the Commerce Department on Thursday to launch a national security investigation into the import of heavy construction and farm equipment made in Mexico by companies such as Deere & Co, Caterpillar, and CNH Industrial. The push by Senator Tammy Baldwin, a Wisconsin Democrat, and Senator Bernie … Read More

The European Parliament signed off on major provisions of the trade deal that the United States and the bloc struck last year at President Trump’s golf course in Turnberry, Scotland. The decision came after months of wrangling, and despite big concerns on the part of many European lawmakers that the United States was no longer … Read More

The U.S. has lived with a massive trade deficit for decades. But under President Donald Trump’s sweeping tariffs, that gap suddenly narrowed — and much faster than many expected. That became clear on CNBC when anchor Rick Santelli reacted in real time to the trade numbers. “On the trade balance, which we know is going … Read More

Shifting global trade patterns and cost pressures are reshaping industrial real estate demand across North America, with logistics users increasingly moving large-scale distribution activity away from coastal port markets and toward lower-cost inland logistics hubs. This is according to a new report from Cushman & Wakefield, “North America Ports & Trade Update: 2025 in Review.” … Read More

Support for a proposal to reduce the excise tax on American-made beer but not on foreign-made beer provides an interesting juxtaposition on the tariff debate. One of the main arguments against the United States imposing tariffs is that other countries retaliate with their own tariffs, which impacts exports of American-made goods. One could argue that … Read More

Colombia raised steel import tariffs to 35% on products from China, Russia, Turkey and India to protect its domestic industry, which represents 10% of industrial GDP and supports 45,000 jobs plus 25,000 suppliers. The one-year measure mirrors Mexico’s permanent tariff extension on Asian steel imports, as both countries respond to regional oversupply concerns with Asian … Read More

The United States International Trade Commission (USITC) has determined that there is a reasonable indication that the U.S. strawberry industry is materially injured by imports of fresh winter strawberries from Mexico that are alleged to be sold in the United States at less than fair value. The outcomes of the investigation could lead to import … Read More