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tradewardaily

The costs and consequences of the trade war, every day.
Vol. I · BetaSaturday, October 24, 2026Independent · Nonpartisan
The MeterFigures as reported
50%White House says the US is lifting tariffs on some Canadian goods500%Trump's Russia oil tariff waiver, the midterm election calculus…$20BNew Jersey food importer files lawsuit challenging Trump's 50%…50%U.S. importer sues over 50% tariff on Canadian cheese250%'Told them we will put 250% tariffs...': Trump reiterates claim of…$5.5BTariff Refunds Lift Tesla’s $5.49B Gross Profit [2026]$9.0BCarney, Ford announce billions in support for tariff-affected…$786MTesla Books $786M Tariff Refunds, Reinvests in US [2026]50%Trump Administration Sued Over 50% Tariffs on Canadian Goods40%DA seeks return of 40% tariff on imported pork, two-month import…$11M$11.2M announced for Saskatchewan businesses amid tariff pressures$180BApplying Semiconductor and Server Tariffs to Data Centers, Under…200%Trump does not rule out imposing 200 per cent tariffs on Ukraine and…50%Trump sued over Canadian tariffs in latest legal challenge

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Policy

White House says the US is lifting tariffs on some Canadian goods

Susan Collins, a Republican in a tight race to keep her senate seat in next month's elections, said she had been working with the White House on tariff relief.

BBC News165 outlets50%CanadaIndia
Also reporting
  • CTV News: U.S. removes tariffs on some Canadian products
  • CTV News: U.S. removes tariffs on some Canadian products
  • CityNews Kitchener: U.S. to remove 50% tariffs on some Canadian goods ahead of midterm elections
  • CityNews Calgary: U.S. to remove 50% tariffs on some Canadian goods ahead of midterm elections
The Tab
Dispatch

White House Lifts Tariffs on Certain Canadian Goods

A New Jersey food importer filed a lawsuit challenging a 50% tariff on $20 billion worth of Canadian goods.

The White House announced the United States is lifting tariffs on some Canadian goods 1. Senator Susan Collins stated she worked with the White House on this tariff relief 1.

A New Jersey food importer filed a lawsuit on Tuesday challenging the authority of President Donald Trump to use a Depression-era law to levy a 50% tariff on $20 billion worth of Canadian goods 3. A lawsuit was also filed by a U.S. importer regarding a 50% tariff on Canadian cheese 6.

President Trump tasked cabinet officials to engage in negotiations and report on progress within 180 days regarding wind turbine imports following a Section 232 probe 5. Republicans and Democrats condemned a decision to waive sanctions on Russian diesel 2.

Sources
  1. BBC News: White House says the US is lifting tariffs on some Canadian goods
  2. Hindustan Times: Trump's Russia oil tariff waiver, the midterm election calculus behind it and the stakes…
  3. ABC News: New Jersey food importer files lawsuit challenging Trump's 50% tariffs on Canadian goods
  4. CBS News: Small businesses struggling with inflation amid Trump tariffs ahead of midterms
  5. Supply Chain Dive: Trump eschews tariffs for trade talks on wind turbine imports
  6. https://streamlinefeed.co.ke/: U.S. importer sues over 50% tariff on Canadian cheese
That's the tab.

Policy

Tariff actions, proclamations and trade agreements.More Policy →
Dispatch

White House lifts tariffs on select Canadian goods

Senator Susan Collins stated she worked with the White House to secure tariff relief for Canadian goods.

The White House announced the removal of tariffs on certain Canadian goods 1. Senator Susan Collins stated she worked with the White House on this tariff relief 1.

President Trump waived sanctions on Russian diesel 2. Republicans and Democrats condemned the decision to waive the sanctions 2. Congress is pursuing a bipartisan effort to overturn the Russian diesel deal after the election 2.

The President tasked cabinet officials to engage in negotiations regarding wind turbine imports following a Section 232 probe 3. Officials must report on the progress of these negotiations within 180 days 3.

Sources
  1. BBC News: White House says the US is lifting tariffs on some Canadian goods
  2. Hindustan Times: Trump's Russia oil tariff waiver, the midterm election calculus behind it and the stakes…
  3. Supply Chain Dive: Trump eschews tariffs for trade talks on wind turbine imports
  4. North Penn Now: Iowa House candidates divided on tariffs, Iran
  5. The Sunday Guardian: India-US differences persist in spite of Trump’s tariff waiver
  6. NPR: Trade tariffs cause whiplash at Port Milwaukee
Filed from the paper trail.

World

How trading partners respond, negotiate and retaliate.More World →
Dispatch

China threatens retaliation over potential UK tariffs

China warns of retaliatory measures if the United Kingdom follows European Union trade policies regarding tariffs.

China threatens retaliation if the United Kingdom follows the European Union on tariffs 2.

The Economic Times reports that Donald Trump reiterates a claim of an India-Pakistan ceasefire through 250% tariffs 1.

India states that bulk Scotch concentrate may not qualify for a new lower tariff, leading to a probe of Diageo and Pernod 6.

Sources
  1. The Economic Times: 'Told them we will put 250% tariffs...': Trump reiterates claim of India-Pakistan…
  2. POLITICO.eu: China threatens retaliation if UK follows the EU on tariffs
  3. CBC: 'They’re the nicest people': Obama mocks Trump for hitting Canada with tariffs
  4. SSBCrack: Trump’s Trade War with Canada Intensifies, Increasing Economic Strain and Job Losses
  5. CTV News: ‘Buy himself political favour’, Trump walks back certain tariffs as trade war appears to…
  6. Livemint: Why Diageo and Pernod are under probe: India says bulk Scotch concentrate may not qualify…
Filed from the other side of the border.

Markets

Stocks, prices, rates and the tariff revenue ledger.More Markets →
Dispatch

Trump adjusts Canada tariffs before midterm elections

MyStateline reports Halloween candy prices rose 15% this year due to inflation and tariffs .

MyStateline reports Halloween candy prices increased by 15% this year 2. The report attributes these rising costs to inflation and tariffs 2.

Pluang reports Trump adjusts Canada tariffs days before midterm elections 1.

Heatmap News reports Trump Whiffed on New Wind Turbine Tariffs 3.

Sources
  1. Pluang: Trump adjusts Canada tariffs days before midter...
  2. MyStateline: Halloween candy prices up 15% this year, report says; inflation, tariffs blamed for…
  3. Heatmap News: Why Trump Whiffed on New Wind Turbine Tariffs
Filed at the close.

Farm & Food

Crops, livestock, export markets and food prices.More Farm & Food →
Dispatch

BCCP Urges Philippines to Maintain Reduced Pork Import Tariffs

The BCCP calls for the maintenance of lower tariffs on imported pork to impact the local market.

The BCCP urges the Philippine government to maintain reduced pork import tariffs 2. The Department of Agriculture seeks a return of a 40% tariff on imported pork and a two-month import holiday 4.

The Kenyan parliament speaker states that zero tariffs are boosting farmers and trade 1. Collins secured new tariff exemptions for Maine for materials essential for agriculture 5.

Negotiations are ongoing regarding the removal of whiskey tariffs 6. Van Orden backs Canada tariffs as Wisconsin dairy prepares for fallout 3.

Sources
  1. Modern Ghana: Kenyan parliament speaker: Zero tariffs are boosting farmers and trade
  2. The Manila Times: BCCP urges PH government to maintain reduced pork import tariffs
  3. EIN News: ICYMI: Van Orden Backs Canada Tariffs as Wisconsin Dairy Braces for Fallout
  4. GMA Network: DA seeks return of 40% tariff on imported pork, two-month import holiday
  5. The Maine Wire: Collins Secures New Tariff Exemptions for Maine for Materials Essential for Agriculture
  6. RTE.ie: Negotiations still ongoing on removal of whiskey tariffs
Filed from the county road.

Supply Chain

Ports, shipping, manufacturing and sourcing shifts.More Supply Chain →
Dispatch

AL Circle notes Guinea bauxite cap and US tariffs on aluminum

AL Circle notes a 150Mt bauxite cap in Guinea and US tariffs affecting aluminum in Q4'26.

AL Circle reports a 150Mt bauxite cap in Guinea 2. The report notes China's import swings and US tariffs drawing aluminum in Q4'26 2.

파이낸셜뉴스 reports the U.S. is renewing pressure on the EU to ease Big Tech rules to lower steel tariffs 3. MundoNOW reports that a US Mexico tariff agreement could happen soon, says Trump 4.

Sources
  1. Washington Examiner: Democrats are harassing ICE agents and civilians
  2. AL Circle: AL Circle Analysis: Guinea’s 150Mt bauxite cap, China’s import swings, US tariffs draw…
  3. 파이낸셜뉴스: U.S. renews pressure on EU: “Ease Big Tech rules to lower steel tariffs”
  4. MundoNOW: US Mexico tariff agreement could happen soon, says Trump
  5. The National Interest: How US Tariffs Harm America’s Auto Industry
  6. VOI.ID: A2Ki Urges Ombudsman to Investigate Alleged Maladministration of Ship Shipping Tariff…
Filed from the loading dock.

Law & Congress

Litigation, rulings, refunds and legislation.More Law & Congress →
Dispatch

New Jersey importer sues over 50% tariffs on Canadian goods

A lawsuit challenges the use of a Depression-era law to levy a 50% tariff on $20 billion worth of Canadian goods.

A New Jersey food importer filed a lawsuit on Tuesday challenging President Donald Trump's power to invoke a Depression-era law to levy a 50% tariff on $20 billion worth of Canadian goods 1. The lawsuit addresses the imposition of these tariffs on Canadian products, including cheese 2.

Tesla reported $786 million in tariff refunds 5. The company's CFO stated the money is being reinvested in the U.S. 5. These refunds contributed to a $5.49 billion gross profit for the company in 2026 4.

Sources
  1. ABC News: New Jersey food importer files lawsuit challenging Trump's 50% tariffs on Canadian goods
  2. https://streamlinefeed.co.ke/: U.S. importer sues over 50% tariff on Canadian cheese
  3. Yahoo Finance: Tesla Got Trump Tariff Refunds, and Elon Musk Isn’t Sitting on the Cash — CFO Says Money…
  4. https://tech-insider.org/: Tariff Refunds Lift Tesla’s $5.49B Gross Profit [2026]
  5. shattered.io: Tesla Books $786M Tariff Refunds, Reinvests in US [2026]
  6. DC News Now: The Federal Effect | Van Hollen on War, Tariffs, and Power After the Midterms
Filed from the clerk's office.

Consumers

Prices, jobs, wages and small business.More Consumers →
Dispatch

DIY solar buyers stockpile panels before December tariffs

Solar buyers stockpile panels in the United States before a projected price increase from December tariffs.

DIY solar buyers are stockpiling panels in the United States as December tariffs threaten a price jump 5.

The Michigan Democratic Party reports that tariffs cost Michigan families $6,419 6.

The UK government and another outlet reported that the government slashes red tape and tariffs to give businesses breathing space 4.

Sources
  1. CBS News: Small businesses struggling with inflation amid Trump tariffs ahead of midterms
  2. L'Orient Today: Joe Saddi to L'OLJ: EDL must immediately adopt tariffs that reflect fuel prices
  3. NewsBytes: California Republican Ritesh Tandon criticizes Trump over Iran and tariffs
  4. GOV.UK: Government slashes red tape and tariffs to give businesses breathing space
  5. Yahoo: DIY solar buyers are stockpiling panels in the US as December tariffs threaten a price…
  6. Michigan Democratic Party: John James To Campaign With Trump As Tariffs Cost Michigan Families $6,419
Filed from the checkout line.

On the Record

Governments and trade bodies in their own words, linked directly.

USTR
2026-10-23
United States and Mexico Announce Course of Remediation at Minera PeñasquitoOffice of the U.S. Trade Representative
USTR
2026-10-21
USTR Announces 2026 Award RecipientsOffice of the U.S. Trade Representative

The Paper Trail

Primary legal documents: the Federal Register and presidential actions.