February 23, 2026 | Blizzard warnings have been in effect throughout the New York and tri-state area as the storm has dumped up to two feet (24+ inches) of snow in many locations, with snow falling at rates of up to 3 inches per hour and sustained wind gusts of [...]
WHY THIS CHANGED: SUPREME COURT LIMITS IEEPA AS A TARIFF AUTHORITY A U.S. Supreme Court decision issued February 20, 2026 held that the International Emergency Economic Powers Act (IEEPA) does not authorize the President to impose tariffs. In the same timeframe, the White House issued a set of tariff-related actions that (1) wind [...]
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The United States and Indonesia have finalized a bilateral trade agreement that maintains the existing 19% reciprocal tariff on Indonesian goods while creating a new tariff-rate quota (TRQ) for certain Indonesian textile and apparel products. Under the agreement, qualifying textile and apparel goods from Indonesia will be permitted to enter [...]
On February 20, the U.S. Supreme Court ruled that the International Emergency Economic Powers Act (IEEPA) does not grant the president authority to impose tariffs. In a 6–3 decision, the Court concluded that while IEEPA permits the president to “regulate … importation” in response to an unusual or extraordinary threat, [...]
A new reciprocal trade agreement between the United States and Taiwan, signed on February 12, 2026, establishes a unified 15 percent all‑in tariff framework for most Taiwanese goods while significantly expanding market access in both directions. Originally announced back in January, the accord is positioned as part of a broader [...]
February continues to show uneven demand across Asia–U.S. trade lanes as the market moves through the Chinese New Year holiday window and carriers tighten their networks. Transpacific execution is being shaped by aggressive capacity withdrawals, elevated rollover exposure, and ongoing congestion at select Asia origin ports. Air cargo demand is [...]
On February 6, 2026, the White House published an executive order that states the United States’ long-standing national emergency with respect to Iran continues and directs the creation of a process that could lead to additional tariffs on imports from certain foreign countries. EXECUTIVE ORDER: ADDRESSING THREATS TO THE UNITED STATES [...]
On February 6, 2026, The White House released a U.S.–India joint statement describing a framework for an “Interim Agreement” on reciprocal and mutually beneficial trade, positioned as a step within broader bilateral trade agreement negotiations. Issued the same day, an executive order removes an additional 25% ad valorem duty that had been applied to [...]
Port workers at Chattogram Port (formerly Chittagong Port) in Bangladesh agreed on Thursday to suspend strike activity for a 48 hour period following discussions with government officials, allowing limited port operations to resume. The labor action, which began in late January in opposition to the proposed lease of the New [...]
