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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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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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Supply Chain Update – September 2025

August job growth points to a cooling U.S. labor market The United States employment data continued a trend of weak growth, with 22,000 jobs added in August. Job gains are primarily seen in the healthcare industry; however, wholesale trade and manufacturing both saw declines of 12,000. The unemployment rate rose to 4.3%, the highest in […]
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