On Feb. 3 Trump revoked a “de minimis” rule that previously allowed small packages under $800 to enter the U.S. duty free.
On Feb. 7, he reinstated it.
The move comes as the shipping industry waits for signs that vessel traffic in the Red Sea will begin to return to normal after more than a year of disruption.
Nikola has pursued various paths to bolster its cash, going through several rounds of layoffs. In December 2024, it filed to sell up to $100 million of stock.
Walking away from the tie-up with Honda is a huge gamble for Nissan, whose outdated product lineup has forced it to discount heavily, destroying its bottom line.
The U.S. Government Accountability Office warned in a December 2024 report that the FAA needed to take urgent action to update its air-traffic controller systems.
Ferrari Group’s listing will serve as a fresh indicator of whether European IPO activity can build on last year’s European volumes that topped $20 billion.