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Trump recently announced a 10 percent import tax and higher tariffs on trade surplus nations.
Retaliation, a slide in U.S. business sentiment and supply chain disruptions could magnify the impact of tax hike
The report emphasized the need for global AI governance, with 118 countries absent from discussions
The May hike is the next increment of the plan to gradually unwind the most recent output cut of 2.2 million bpd
The published list features roughly 8,000 items that could be affected by future retaliatory duties
OPEC+ now aims to return 411,000 barrels per day to the market in May, up from 135,000 bpd as initially planned
S&P 500 companies lost a combined $2.4 trillion in stock market value amid one of the largest single-day percentage losses in years
In the previous session, gold prices declined by more than 2 percent after reaching a record high of $3,167.57
Tariffs are expected to generate approximately $700 billion in annual revenue
Trump’s sweeping tariffs will go into effect on April 5, and his reciprocal tariffs will hit on April 9 on new imports of foreign-made goods
Buying TikTok could help Amazon attract younger shoppers and merge social media with shopping
Imports of oil, gas and refined products were exempted from the new tariffs, the White House said
