Headlines
Bloomberg MarketsMexico Details How It Took Out Its Most-Wanted Drug Cartel ChiefBloomberg MarketsMazda North America CEO on Navigating Trump’s TariffsBloomberg MarketsTrump Tariffs and the Copper OutlookBloomberg MarketsLebanon Banks Say Liquidity Falls Short of Recovery Plan, Risk InsolvencyBloomberg MarketsPayPal Attracts Takeover Interest After Stock SlumpBloomberg MarketsSoftware, Payments Shares Tumble After Citrini Post on AI RisksBloomberg MarketsGermany Raises Green Steel Aid for Salzgitter to €1.3 BillionBloomberg MarketsTreasuries Gain as Markets Rattled by Trump’s New Trade WarBloomberg MarketsGroups of Banks Said to Hire FTI as Adviser for Raízen TalksBloomberg MarketsUS Factory, Durable Goods Orders Declined in DecemberBloomberg MarketsItaly’s F2i Fund Nears €1 Billion on Europe Infrastructure PushBloomberg MarketsNovo Nordisk CSO on New Obesity Shot Results and Drug PipelineFinancial TimesNovo Nordisk shares drop 15% after poor trial results for new obesity drugBloomberg MarketsAlison Roman’s Plan to Conquer the Tomato Sauce MarketBloomberg MarketsColombia Hawkish Pivot Masks Underlying Woes for PesoBloomberg MarketsMexico Details How It Took Out Its Most-Wanted Drug Cartel ChiefBloomberg MarketsMazda North America CEO on Navigating Trump’s TariffsBloomberg MarketsTrump Tariffs and the Copper OutlookBloomberg MarketsLebanon Banks Say Liquidity Falls Short of Recovery Plan, Risk InsolvencyBloomberg MarketsPayPal Attracts Takeover Interest After Stock SlumpBloomberg MarketsSoftware, Payments Shares Tumble After Citrini Post on AI RisksBloomberg MarketsGermany Raises Green Steel Aid for Salzgitter to €1.3 BillionBloomberg MarketsTreasuries Gain as Markets Rattled by Trump’s New Trade WarBloomberg MarketsGroups of Banks Said to Hire FTI as Adviser for Raízen TalksBloomberg MarketsUS Factory, Durable Goods Orders Declined in DecemberBloomberg MarketsItaly’s F2i Fund Nears €1 Billion on Europe Infrastructure PushBloomberg MarketsNovo Nordisk CSO on New Obesity Shot Results and Drug PipelineFinancial TimesNovo Nordisk shares drop 15% after poor trial results for new obesity drugBloomberg MarketsAlison Roman’s Plan to Conquer the Tomato Sauce MarketBloomberg MarketsColombia Hawkish Pivot Masks Underlying Woes for Peso
Home/MarketWatch Top Stories
Back
MARKETS:
SPY+0.26%
DIA+0.23%
QQQ-0.14%
IWM+0.29%
GLD-0.40%
USO+1.64%
MarketWatch Top Storiesmarkets

Tariff ruling sparks ‘refund chaos’ that small businesses and families can’t afford

MarketWatch Top Stories
Monday, February 23, 2026 at 3:20 PM
~4 min read
Trade

Original Report

Employers and workers need a stable, predictable U.S. trade policy.

Glass House Analysis

Labor market conditions shape the lived experience of millions of working families. When jobs are plentiful, workers have leverage to demand better wages and conditions; when they're scarce, the balance of power shifts to employers. This dynamic plays out daily in kitchen tables across America, where families make decisions about whether to ask for a raise, change jobs, or accept less-than-ideal conditions out of necessity.

International economic policy has concrete impacts far beyond diplomatic circles. Tariffs show up in the price of goods at stores, supply chain disruptions affect whether products are on shelves, and trade tensions can mean job losses in export-dependent industries. The globalized economy means that decisions made abroad can affect workers and consumers domestically.

The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.

Enjoyed this analysis?

Get the Glass House Briefing every morning—market news that actually makes sense, delivered free to your inbox.

No spam. Unsubscribe anytime.

More Stories

Economic Context

S&P 500
+0.26%
Dow Jones
+0.23%
NASDAQ 100
-0.14%
Russell 2000
+0.29%