After months of negotiations, pauses, and delays, a sweeping new tariff slate took effect Thursday—marking a new era in U.S. trade policy, with import rates reaching their highest levels since the Great Depression.

Data and Financial Journalist
After months of negotiations, pauses, and delays, a sweeping new tariff slate took effect Thursday—marking a new era in U.S. trade policy, with import rates reaching their highest levels since the Great Depression.
Roughly 20% of global oil and LNG flows through the Strait of Hormuz—making any disruption a potential shock to global energy markets.
President Trump’s new tariffs hit Asian exporters the hardest. With a 90-day pause in place, countries like Vietnam and Cambodia seek trade solutions amid rising U.S. trade deficits.
Nvidia’s dynamic growth is centered around the surge in demand for AI chips. But others might be catching up to provide stiff competition to the company.