August 11: President Trump extended the 90-day U.S.-China trade agreement for another 90 days, pushing the deadline to November 10. The original deal, made on May 12 and set to resume on August 12, called for both nations to significantly reduce reciprocal tariff rates for 90 days and allow for more negotiations.

Midwest Premium aluminum prices jumped post-tariff, with impacts looming for automobiles and construction sectors.

Tariffs intensify as the Federal Reserve continues to hold rates and the trucking market slows.