Trump is planning to roll back some steel and aluminum tariffs to help with affordability issues before the midterms. The House actually voted to scrap his tariffs on Canada recently, with six Republicans crossing party lines to support the move. Trump threatened consequences for those who voted against him but reports suggest he's worried about the economic impact. He's also threatening new tariffs on Canada involving aircraft and on countries supplying oil to Cuba. The Supreme Court has set next Friday, Feb 20 as a decision day for the case regarding his authority to impose these levies. Market updates: * Estee Lauder (EL) dropped 10% despite beating earnings. Investors are worried about how tariffs will hit them. * Big Tech might catch a break. Amazon (AMZN), Google (GOOG), and Microsoft (MSFT) are reportedly getting exemptions on chip tariffs for their AI data centers. * SoftBank (9984.T) is moving forward with a data center project in the US.