Hoover Daily Report | February 25, 2026

On February 25, 2026, the Hoover Daily Report discusses the ongoing situation in the Middle East, where US forces are gathering and last-minute negotiations with Iran are taking place. Steven Davis interviews a trade expert about the current status of US tariffs, their economic impact, and who bears the cost. Philip Zelikow comments on the legality of the new global 10-15 percent tariffs imposed by the Trump administration after previous tariffs were invalidated by the Supreme Court.