Trump plans to roll back some steel and aluminum tariffs to lower costs before midterms. This follows a House vote where six Republicans joined Democrats to scrap tariffs on Canada. Trump is still threatening 50% duties on Canadian aircraft and 100% on trade with China. The Supreme Court is set to issue a verdict on the legality of these tariffs next Friday, Feb 20. Separately, Amazon, Google, and Microsoft might get exemptions from chip tariffs for AI data centers. Estee Lauder beat earnings but dropped 10% as investors worry about trade costs.