Trump’s executive orders halting the exemption cite the same national emergencies he relied on in imposing the tariffs struck down by the Supreme Court.

Since the U.S.-Israel war with Iran began, transportation through the vital Strait of Hormuz route has come to a standstill, briefly driving oil prices up close to $120 a barrel.

The Balboa port is one of two terminals along the strategic Panama Canal that have become a flashpoint in the rivalry between the U.S. and China.

One way or another, there is likely to be a slew of lawsuits against any and all of the new tariffs.

Suppliers reported that just 37% of invoices were paid on time in 2025, down from 42% the previous year, and from 54% in 2019.

As other tariffs on China have been lowered, the company has also cut prices on affected items, including certain textiles, bedding and cookware.

VW CEO Oliver Blume told shareholders that the company's post-tax profits fell by roughly 54% year-over-year in 2025.

Jet fuel prices in the U.S. have surged during the war in the Middle East — more than doubling on a year-to-date basis.

Companies remain caught between a court ruling that invalidated the tariffs, and a government that has yet to fully acknowledge how it intends to unwind them. 

 Marine Traffic estimates that tanker transits through the Strait of Hormuz were down by 90% between February 25 and March 4.