- Solve real problems with our hands-on interface
- Progress from basic puts and calls to advanced strategies
Interactive Options Course
Posted September 30, 2025 at 10:45 am
YouTube agrees to pay $24.5M to settle Trump account suspension suit
Catch up on the top industries and stocks that were impacted, or were predicted to be impacted, by the comments, actions and policies of President Donald Trump with this daily recap compiled by The Fly:
President Donald Trump signed a Proclamation invoking Section 232 of the Trade Expansion Act of 1962 to impose tariffs on imports of timber, lumber, and their derivative products. The Proclamation imposes a 10% global tariff on imports of softwood lumber. The Proclamation imposes a 25% global tariff on certain upholstered furniture, which will increase to 30% on January 1. The Proclamation imposes a 25% global tariff on kitchen cabinets and vanities, which will increase to 50% on January 1.
Trading partners who negotiate with the United States to address the threat of wood imports to the national security of the United States may be able to secure an alternative to the pending tariff increases. The Section 232 tariff on subject wood imports from the United Kingdom will not exceed 10%. The combined Section 232 tariff and most-favored nation tariff on subject wood imports from the European Union and Japan will not exceed 15%. Products that are not subject to these Section 232 tariffs will generally be subject instead to reciprocal tariffs. Companies in the space include International Paper (IP), Boise Cascade (BCC), Weyerhaeuser (WY), West Fraser Timber (WFG), UFP Industries (UFPI), Home Depot (HD), and Lowe’s (LOW).
YouTube will pay $24.5M to settle a 2021 lawsuit filed by President Donald Trump over suspending his account after January 6, 2021, The Wall Street Journal’s Rebecca Ballhaus and Annie Linksey report. The Google (GOOGL) subsidiary is the last of three Big Tech companies to resolve personal litigation Trump brought against social-media platforms in the months after he left the White House, with Meta (META) agreeing in January to pay $25M, and X agreeing to pay $10M, according to the report. Trump’s share of the YouTube settlement, $22M, will help fund a Mar-a-Lago-style ballroom at the White House, the report adds.
President Trump will announce today an agreement with Pfizer (PFE) to voluntarily sell the company’s medications through Medicaid at lower prices, Dan Diamond of The Washington Post reports, citing two people who poke on the condition of anonymity. The Trump administration is seeking to lower drug prices in the U.S. to the lowest cost of drugs paid by the wealthiest countries, the Post notes.
—
Originally Posted September 30, 2025 – Trump Trade: President sets tariffs on imports of timber, lumber, wood products
Information posted on IBKR Campus that is provided by third-parties does NOT constitute a recommendation that you should contract for the services of that third party. Third-party participants who contribute to IBKR Campus are independent of Interactive Brokers and Interactive Brokers does not make any representations or warranties concerning the services offered, their past or future performance, or the accuracy of the information provided by the third party. Past performance is no guarantee of future results.
This material is from The Fly and is being posted with its permission. The views expressed in this material are solely those of the author and/or The Fly and Interactive Brokers is not endorsing or recommending any investment or trading discussed in the material. This material is not and should not be construed as an offer to buy or sell any security. It should not be construed as research or investment advice or a recommendation to buy, sell or hold any security or commodity. This material does not and is not intended to take into account the particular financial conditions, investment objectives or requirements of individual customers. Before acting on this material, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.
Related Articles
Join The Conversation
For specific platform feedback and suggestions, please submit it directly to our team using these instructions.
If you have an account-specific question or concern, please reach out to Client Services.
We encourage you to look through our FAQs before posting. Your question may already be covered!