Trade Update – February 24, 2026
Featured Headlines
Supreme Court Ruling on Trump Tariffs
Supreme Court of the United States
US High Court Ruling Kicks Off New Round of Tariff Actions
CalChamber, February 24, 2026
Trump spares EU and UK from higher tariff rates for now
POLITICO, February 24, 2026
Customs and Border Protection released guidance regarding
its termination of IEEPA tariff collection,
effective 12:00 a.m. ET on February 24
U.S. Customs and Border Protection
CSMS # 67844987 – Imposing Temporary Section 122 Duties
U.S. Customs and Boarder Protection
Imposing a Temporary Import Surcharge to Address Fundamental International Payments Problems
The White House, February 20, 2026
Continuing the Suspension of Duty-Free De Minimis Treatment
for All Countries
The White House, February 20, 2026
Ending Certain Tariff Actions
The White House, February 20, 2026
Fact Sheet: President Donald J. Trump Imposes a Temporary Import Duty to Address Fundamental International Payment Problems
The White House, February 20, 2026
2025 Trade Statistics are available through the
U.S. Department of Commerce
International Trade Administration’s
“Trade Stats Express.”
In 2025, California exported $188.40 billion in goods to around 225 foreign economies.
California’s top export markets are:
Mexico, Canada, Taiwan, Japan and China.
2025 U.S. Trade Reaches a Record $5.6 Trillion
and Trade Deficit Sets a New High
Forbes, February 23, 2026
U.S. International Trade in Goods and Services,
December and Annual 2025
U.S. Bureau of Economic Analysis (BEA), February 19, 2026
President Trump Delivers 2026 State of the Union Address & Democratic Response 4PM PST
C-SPAN, February 24, 2026
Zelenskyy says Putin has ‘not broken’ Ukrainians as he marks 4 years since Russia’s all-out invasion
The Associated Press, February 24, 2026
California
‘Dismal’ China exports add to freight trade slump
for nation’s biggest port
CNBC, February 18, 2026
Trade Policy
The White House
- China responds to US tariffs overturn
Newsweek, February 23, 2026 - EU freezes US trade deal after Supreme Court tariff ruling
Deutsche Welle, February 23, 2026 - U.S. Promotes AI Adoption, Sovereignty, and Exports at India AI Impact Summit
February 20, 2026 - Implementation of the Agreement Toward a NEW GOLDEN AGE for the U.S.-Indonesian Alliance
February 19, 2026 - Trump announces three Japanese investment projects in Texas, Ohio, Georgia
Yonhap News, February 18, 2026
U.S. Department of Commerce
- Fact Sheet: U.S. — Japan Trade Deal
February 17, 2026 - Statement from Secretary Howard Lutnick: MASSIVE AMERICA FIRST TRADE WIN
February 17, 2026
U.S. Trade Representative
- Ambassador Greer Issues Statement on Supreme Court IEEPA Decision
February 20, 2026 - Ambassador Greer Issues Statement on President Trump Announcing a Trade Deal with Indonesia
February 19, 2026 - U.S.-Taiwan Deal Draws Praise from American Farmers, Ranchers, and Industry Leaders
February 17, 2026
Export-Import Bank
- EXIM Advances Buy American, Build the Future Framework with Uzbekistan, Targeting Major Industrial and Infrastructure Projects
February 19, 2026
U.S. Trade and Development Agency