For the first time in three weeks, average U.S. diesel and gas prices dropped, but only by less than a tenth of a cent for each. The current averages for diesel and gas are $3.848 and $3.389, respectively, down from last week’s $3.854 and $3.391. Continue Reading

Tariffs on car and light truck tired from China will carry an additional 35 percent charge, after President Obama approved the action yesterday. In their first year levied, the tariff will be 35 percent and dropping by 5 percent each of the next two years. With Chinese imports more than tripling in a four-year span, the U.S. International Trade Commission (ITC) recommended Continue Reading

With a double-digit increase in U.S. market share in just five years, tires imported from China may carry higher tariffs. A decision is expected from the White House on whether that 55 percent import tariff will be imposed. Based on legislation passed in 2000, such protections can be levied on Chinese imports if their Continue Reading