October 26: The United States reached trade agreements with Malaysia and Cambodia. Both countries agreed to purchase more U.S. goods and to lower tariff and trade regulations in exchange for specific exemptions from reciprocal tariffs, which will otherwise remain at 19%. The United States also established frameworks for deals with Thailand and Vietnam during President Trump’s tour across Asia.

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

Two of the world’s largest copper mines cut sales forecasts, triggering lower copper supply and higher prices.