
Policy → market
Market alerts
Not financial advice
Commercial cliffs from presidential documents — role pressure, mechanisms, and a curated issuer watchlist. Policy exposure mapping — not investment advice. Illustrative public companies are incomplete and not recommendations.
How this works
- Cliff vs glide — dates that change market access differ from multi-year programs.
- Role pressure — protective / adverse / mixed for supply-chain roles (not a stock tip).
- Named issuers — curated watchlist only.
- Price window — optional EOD chart around issue and cliff dates; coincidence, not causation.
- in 42dIssued Oct 6, 2025
Adjusting Imports of Timber, Lumber, and Their Derivative Products Into the United States
Secretary of Commerce must provide President update on hardwood timber/lumber markets and domestic industry
MMM3MEADSYAirbusAAAlcoaAAPLAppleBABoeingCATCaterpillarCENXCentury AluminumLNGCheniere Energy - in 134dIssued Aug 5, 2025
Adjusting Imports of Copper Into the United States
Potential 15% phased universal tariff on refined copper (contingent on Secretary's 2026 review)
MMM3MALBAlbemarleAAAlcoaAAPLAppleBABoeingCATCaterpillarCENXCentury AluminumLNGCheniere Energy - in 153dIssued Jan 14, 2026
Continuation of the National Emergency With Respect to Energy
Continued national emergency expires unless further extended
ALBAlbemarleAAAlcoaBABoeingCENXCentury AluminumLNGCheniere EnergyCVXChevronCLFCleveland-CliffsCOPConocoPhillips - in 225dIssued Mar 27, 2026
Continued national emergency expires unless further extended
ALBAlbemarleAAAlcoaGOOGLAlphabetAAPLAppleADMArcher Daniels MidlandBGBungeCATCaterpillarCENXCentury Aluminum - in 498dIssued Jun 4, 2026
Temporary tariff rate structure expires
MMM3MAAAlcoaAAPLAppleADMArcher Daniels MidlandBGBungeCATCaterpillarCENXCentury AluminumLNGCheniere Energy - in 498dIssued Apr 9, 2026
Strengthening Actions Taken To Adjust Imports of Aluminum, Steel, and Copper Into the United States
Annex III graduated tariff regime expires
EADSYAirbusALBAlbemarleAAAlcoaBABoeingCENXCentury AluminumLNGCheniere EnergyCLFCleveland-CliffsDACDanaos - in 499dIssued Jun 4, 2026
Rates revert to Proclamation 11021 structure
MMM3MAAAlcoaAAPLAppleADMArcher Daniels MidlandBGBungeCATCaterpillarCENXCentury AluminumLNGCheniere Energy - in 499dIssued Apr 9, 2026
Strengthening Actions Taken To Adjust Imports of Aluminum, Steel, and Copper Into the United States
Full clause 3 rates apply to Annex III products
EADSYAirbusALBAlbemarleAAAlcoaBABoeingCENXCentury AluminumLNGCheniere EnergyCLFCleveland-CliffsDACDanaos - in 1389dIssued Jun 18, 2025
Permit expires if construction has not commenced
MMM3MGOOGLAlphabetAAPLAppleCATCaterpillarLNGCheniere EnergyFDXFedExFFordFCXFreeport-McMoRan - in 1393dIssued Jun 20, 2025
Construction must commence or permit expires
MMM3MAAAlcoaAAPLAppleADMArcher Daniels MidlandBGBungeCATCaterpillarCENXCentury AluminumLNGCheniere Energy - in 1400dIssued Jun 26, 2025
Permit expires if construction not commenced
AAPLAppleLNGCheniere EnergyDACDanaosFDXFedExFFordGMGeneral MotorsHYMTFHyundai MotorSTLAStellantis - in 1533dIssued Oct 22, 2025
import adjustment offset program ends
EADSYAirbusAAAlcoaBABoeingCENXCentury AluminumLNGCheniere EnergyCVXChevronCLFCleveland-CliffsCOPConocoPhillips - Issued Feb 26, 2025
Defending American Companies and Innovators From Overseas Extortion and Unfair Fines and Penalties
This memorandum directs multiple agencies to investigate and counter foreign tax and regulatory practices—particularly d
EADSYAirbusAAAlcoaGOOGLAlphabetAAPLAppleADMArcher Daniels MidlandBABoeingBGBungeCATCaterpillar