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Fact Sheet: Trade and Tariff Impacts

January 21: President Trump withdrew his plan to impose an additional 10% tariff on NATO allies after reaching an outline of a deal on Greenland and the Arctic region with NATO Secretary-General Mark Rutte. The tariff would have gone into effect Sunday, February 1.
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Supply Chain Update – January 2026

Experts expect moderate growth in the U.S. economy and in job growth, while there are varying predictions on this year’s monetary policy decisions.
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Commodity Update – January 2026

Strong demand and supply constraints push copper and aluminum prices higher, while steel and PVC markets face new dynamics.
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