The United States announced trade agreements with Argentina, El Salvador, Guatemala and Ecuador in which the United States will remove tariffs on certain goods that cannot be grown, mined, or produced in the United States. In exchange, the four countries will reduce non-tariff measures on a range of U.S. goods and companies.  

The government’s 43-day shutdown has delayed critical economic reporting, leaving economists and policymakers to rely on alternative sources.

Copper faces intense supply outlook, aluminum industry calls for USMCA unity, and steel demand looks modest for 2026.