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Fact Sheet: Trade and Tariff Impacts

October 1: The Trump administration implemented a 100% tariff on pharmaceutical products from companies that do not manufacture in the United States, and a 25% tariff on heavy-duty trucks.
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Supply Chain Update – October 2025

The U.S. government shutdown poses risk to the economy as freight and some commodity markets face soft demand and shifting trade policies.
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Commodity Update – October 2025

Two of the world’s largest copper mines cut sales forecasts, triggering lower copper supply and higher prices.
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Fact Sheet: Trade and Tariff Impacts

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