February 21: President Trump said he plans to increase the global tariff rate from 10% to 15% on all imports entering the United States. In response to the U.S. Supreme Court’s ruling that the tariffs President Trump imposed under the IEEPA are illegitimate, Trump officially announced a reinstated 10% global tariff rate under Section 122 of the Trade Act of 1974. The tariff is set to take effect after midnight Tuesday, February 24, and will remain in place for 150 days.

Global container rates ease while U.S. trucking markets tighten.

The regional price of U.S. aluminum more than doubles since the start of its tariff. And the Fed voted to keep rates steady, stabilizing the U.S. dollar.