Trump on April 29 signed directives to lessen the blow of tariffs he’s enacted targeting the auto industry.

Auditors warned of a strategy that's been far too fragmented, especially given that the EU's 2022 Chips Act had no mandates for coordinated national investments or funding streams.

The Trump administration will now allow carmakers who produce and sell completed automobiles in the U.S. to claim an offset worth up to 3.75% of the value of an American-made vehicle.

Center for LNG executive director Charlie Riedl warned that the fees could raise costs for global buyers, and threaten the United States' position as the world's leading LNG exporter.

In an April 29 earnings call, UPS CEO Carol Tomé said that handling outbound shipments from Amazon fulfillment centers "is not profitable for us."

After new U.S. Customs regulations that lowered the threshold for formal entry from $2,500 to $800 were introduced April 5, DHL said it had stopped such shipments to U.S. shoppers.

The exact functions that Figure’s humanoids would handle for UPS remain unclear, although the startup hinted at a tie-up with a logistics firm in February.

Starting on May 2, de minimis shipments from China will be subject to either a 120% tariff or a flat $100 fee per postal item, with the flat fee increasing to $200 on June 1. 

Port of Los Angeles executive director Gene Seroka said "essentially shipments out of China for major retailers and manufacturers have ceased."

The Panamanian president, Jose Raul Mulino, said that toll fees were regulated by the Panama Canal Authority (ACP), an autonomous governing body that oversees the trade route.