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Oil Surges as Iran Conflict Continues
U.S. crude prices jumped above $80 per barrel as the escalating conflict involving Iran disrupted oil shipments through the Strait of Hormuz, a critical passageway for global energy trade that carries roughly 20% of the world’s oil supply. Tanker traffic through the strait has largely halted following attacks and threats from Iran, including reports from Iranian state media that a missile struck an oil tanker and a British Navy report of a major explosion involving another vessel near Iraq.
Trump Unveils Data Center Energy Plan in State of the Union
President Donald Trump used his State of the Union address to strongly defend his economic record, while Trump touched on retirement savings incentives, congressional stock trading bans, immigration restrictions, tariffs, and foreign policy flashpoints, including warnings to Iran and comments on Venezuela’s leader Nicolás Maduro; the data center and energy provisions stood out as among the most forward-looking and economically significant elements of the speech. President Trump framed the issue as both an economic and an infrastructure crisis, arguing that the explosion of AI-driven data centers is straining the nation’s aging electric grid and driving up household utility costs.
New Farm Bill Proposed, The Farm, Food, and National Security Act of 2026
The House Agriculture Committee has unveiled a long-delayed effort to reauthorize the nation’s sweeping farm and food policy law.
U.S. – Canada Trade Dispute and Domestic Backlash
Relations between the United States and Canada are under significant strain as a sweeping trade dispute centered on tariffs, infrastructure leverage, and broader geopolitical alignments intensifies. At the same time, Trump’s broad tariff regime targeting Canadian steel, aluminum, and other imports has provoked retaliation from Canadian authorities, disrupted deeply integrated supply chains, and fueled political backlash within the United States over rising costs and trade policy direction.
Senate Finance Democrats Focus on Drug Pricing Ahead of Midterms
On February 4, 2026, Senate Finance Democrats put a spotlight on rising drug costs ahead of the midterms, pushing reforms aimed at lowering prescription prices and increasing transparency, while President Trump prepared to launch a new website, TrumpRx, allowing Americans to buy medicines directly from manufacturers at discounted rates.
The DHS Funding Fight
On January 31, 2026, the U.S. federal government entered a partial shutdown after Congress failed to pass appropriations legislation ahead of the fiscal year deadline...not because lawmakers couldn’t agree on overall spending, but because of a bitter dispute over funding for the Department of Homeland Security (DHS).
Europe’s Davos Reality Check
This week marked the World Economic Forum’s 56th Annual Meeting in Davos, Switzerland. The gathering brought together global leaders, industry executives, and a bipartisan delegation of U.S. governors and lawmakers. Among the many geopolitical issues on the agenda, President Trump’s continued threats to take over Greenland stole the spotlight.
White House Releases "The Great Healthcare Plan" Amid Tense Affordable Healthcare Act Negotiations
On January 15, 2026, the White House rolled out President Donald Trump’s “Great Healthcare Plan,” framing it as a cost-cutting package that would lower drug prices, reduce insurance premiums, and force more transparency from insurers and providers.
Healthcare Policy Update: End-of-Year Outlook on ACA Subsidies and 2026 Coverage Landscape
As Congress prepares to adjourn for the holidays, end-of-year negotiations over Affordable Care Act (ACA) premium subsidies have stalled, making a lapse on January 1, 2026 increasingly likely. Despite a flurry of bipartisan activity in both chambers, lawmakers now concede that no legislative fix will be enacted before the credits expire, setting up a politically consequential start to the new year for millions of Americans who rely on the subsidies for affordable coverage. Below is Constitution Partner’s assessment of where things stand, and what to expect in 2026.
Record Shutdown Ends
Last night, the historic 43-day government shutdown finally ended. The final tally was 222 to 209. The House passed legislation that reopens the federal government and funds several agencies but excludes an extension of the enhanced Affordable Care Act (ACA) premium tax credits. The bill also reinstates federal workers laid off during the shutdown, guarantees back pay for furloughed employees, and prevents further layoffs through the holiday season.
White House Freezes Canada Talks, Launches China Trade Investigation
On Friday, President Trump announced he is terminating U.S.–Canada trade negotiations, citing an Ontario government television ad that uses excerpts from a 1987 Ronald Reagan radio address to argue that tariffs harm American workers; the Reagan Foundation criticized the ad’s use of Reagan’s remarks and said it was not authorized.
Trade Pressures and Policy Shifts: Insights from Business Leaders Across Sectors
It has been an eventful week in the world of tariffs and trade. From President Trump’s discussion of providing tariff revenue to farmers, the formalization of the US-EU tariff agreement to new tariffs placed on pharmaceuticals, trucks, and cabinets, this week has seen meaningful developments in the administration’s trade policy.
This week, we’ve compiled recent pieces that highlight the perspectives of industry leaders and their outlook on today’s rapidly changing economic landscape.
Trade Alert: Trump Announces New Tariff Deadline of August 1st
President Donald Trump revealed that the U.S. will impose 25% tariffs on goods from Japan and South Korea beginning August 1. This decision marks the beginning of a new wave of tariffs aimed at countries that have yet to secure trade deals with the Trump administration.
From Allies to Adversaries: The Trump-Musk Fallout and Its Implications
In a dramatic turn of events, the once-strong alliance between President Donald Trump and tech mogul Elon Musk has unraveled, revealing deep fissures that could have significant ramifications for politics, technology, and the economy.
US Court of International Trade Strikes Down Trump Administration Tariffs
In a landmark decision on May 28, the U.S. Court of International Trade (CIT) ruled that President Donald Trump exceeded his authority by imposing broad tariffs under the International Emergency Economic Powers Act (IEEPA). The court's unanimous decision declared that IEEPA does not grant the president the power to unilaterally impose tariffs without congressional approval, reaffirming the constitutional principle that Congress holds exclusive authority over trade regulation.
White House Releases The Make America Healthy Again Report
At the request of the White House, the newly established Make America Healthy Again (MAHA) Commission has released a sweeping policy assessment titled “Make Our Children Healthy Again.” The report serves as a foundational analysis ahead of what is expected to be a significant realignment of federal food, health, and environmental policy.
Bill Analysis: The Big, Beautiful Bill Act Advances to Senate
President Donald Trump’s ‘Big Beautiful Bill’ narrowly cleared the House of Representatives on Thursday morning, advancing a major legislative package designed to prevent a year-end tax increase and adjust several critical government programs.
U.S.-China Trade Tensions Ease with 90-Day Tariff Reduction Agreement
The United States and China have announced a 90-day tariff reduction agreement, temporarily easing tensions in the ongoing trade war that has rattled global markets.
Week 12 of Trump 2.0: Tariff Escalation, Budget Resolution, and Supreme Court Decisions
President Trump kicked off the last week with sweeping new tariffs that rocked the global economy. A baseline 10% tariff on nearly all imports was implemented, alongside country-specific tariffs as high as 145% on Chinese goods.
Liberation Day Tariffs: The Trade War’s New Battlefront
April 2nd, brought the Liberation Day tariff announcement from the President. Below is a deep dive of the official documents from the White House, and what to expect moving forward.